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charliebrown
4 Comments
$125 Oil Not Sustainable for the Time Being [view article]
Mr. Chan(g)non is right about the bubble, he's right about the speculation, about the inevitable ups and downs. He could have also said that the wind blows and the fire burns and saved us some time reading a useless opinion.Of course what goes up goes down and then up again and then down; but you don't know when and how much. You just have better or worse guesses.
What is really wrong about is saying that everybody is talking about the oil going up and up. Well... ever since the oil hit $70 I'm hearing from 50% of the "experts" that this price is not sustainable @ $80-90-100-110-120-130... what makes you think 130 is any more specific a number than anything else? of course it will blow some day, when the balance - that nobody really knows - will be surpassed so much that the price will tank; but since nobody really knows the real value/price/balance - no matter what every other expert says - nobody knows when it's overpriced; so until then we live with the 50-50% opinions; so those 50% that are bulls gonna be right until it climbs and those 50% that are bears will be right when it will tank; but don't thing you know it all; I wish gas was cheaper but don't forget that Europe lives with $9/gallon and even the poor E-Europeans pay $8/gallon.
US gas prices have always been a joke and a dream. Now that you finally woke up have a nice sunny day with lots of wind and rivers to flow and waves at the shore if you see what I mean. Yeah, I'm not really interested in the oil bubble but yes again, I'm long solar stocks 'cause the Sun is one huge power-plant and technology is getting cheaper while oil will end when we suck up the last dinosaur... or the last drop of intelligently designed juice... sun sun sunny sunny days... Jun 09 09:48 AM
Cal-Maine Foods: Eggs in One Basket [view article]
I'm just putting a little in it, not to be too heavy, then I wait until the shorts get out either by a price drop and covering or by getting squeezed if the price goes up. If you're diversified you can wait until this silly 100%+ short dies out and make up to 50-100% profit.With the food price going up and calm's profit margin and PE and P/S I don't care what the shorts are dreaming about. Jun 03 03:50 PM
WaMu Alt-A Pool Revisited [view article]
I stick with WaMu; will go up big time when the bears forget to beat this horse for a second; then it will be too late... Mar 28 12:32 AMWells Fargo Seeking Fed Shotgun Marriage [view article]
it's always the prey - WaMu in this case Mar 28 12:30 AM