Seeking Alpha

Dean M » Comments » DBO

  • Best Investments for Rising Oil  [View article]
    The GS $85/bbl oil price call of last week was the signal that this rally is done. Oil will be back in the low to mid $50 range in a month. Go ahead and buy that SUV!
    Jun 08 20:49 pm |Rating: +2 0 |Link to Comment
  • Oil: Up to $200 or Down to $25?  [View article]
    Unfortunately I think we are headed for a major leg down in oil prices in the near term. Why: the ridiculous GS price target for $85 bbl oil in 2009. Last time Goldman made a pie in the sky estimate for $200 last was just before it began to slide - you can easily imagine another pump and dump scenario by the oil traders. I say unfortunately because I would rather endure the high prices if it could be a catalyst for ending our oil addiction for good - it still makes me sick to my stomack to be sending billions to Iran, Russia, Saudi Arabia and Venezuela.
    Jun 08 00:04 am |Rating: +3 0 |Link to Comment
  • Marc Faber, Jim Rogers and Boone Pickens - Bullish on Oil [View article]
    "Oil Reserves are dropping 7% a year and these drop in reserves will cause serious supply problems in the near future."

    Was that 7% statistic compiled before the bottom fell out of demand? Anyway it is realy nice of Rogers, Faber and Pickens to be constantly talking their book in the media for the benefit of us 'little' investors.
    Jan 13 22:46 pm |Rating: 0 0 |Link to Comment
More on DBO by Dean M
Comments by Ticker
AAPL, ABX, ACAS, ADRA, ADRE, AEM, AETUF.PK, AGG, AHR, AIG, AKAM, AMZN, ARCC, ATN, AUY, AZN, BAC, BBH, BBY, BEP, BK, BLK, BLV, BMY, BP, BRK.A, BRK.B, BTK, BVF, C, CAF, CAVM, CDE, CDPYF.PK, CEG, CEO, CGW, CHA, CHINA, CHL, CHU, CIEN, CIT, CMF, CNO, COP, CPT, CROX, CS, CSCO,
Dean M's
Comments Stats
228 comments
Rating: 135 (469 - 334 )