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billddrummer » Comments » ANR

  • Cramer's Mad Money - You Can Buy Pretty Much Everything (11/16/09) [View article]
    The stock market is the only one I know of where people buy when prices are rising and sell when prices are falling.

    Doesn't make any sense to me.
    Nov 18 15:14 pm |Rating: +1 0 |Link to Comment
  • The Real Rationale Behind Current Supply and Demand for Oil and Other Commodities [View article]
    To svosavvy,

    Sort of like the amount of trash left by Earth Day demonstrators.

    But since oil is now in contango (there are ships lined up to unload crude at virtually every US port), until that inventory gets worked down, there won't be significant upward pressure on crude prices. And peak oil, if true, is only with conventional extraction methods. Shale oil is plentiful, but expensive to produce. It won't be viable until prices go up, which may take another year or two.

    Then again, it may take only 6 months.

    I don't have a position in the energy sector. I'm not informed enough to invest.
    Dec 31 14:02 pm |Rating: 0 0 |Link to Comment
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