xpatUSA

Changes in P/E Ratios During the Current Bear Market

As a newcomer to investing, it's hard to to understand the promotion of stock purchases based on a single metric such as P/E, especially in today's irrational market. Sorry!

Getting More Constructive on Crude Oil

"Then again ,wind power ,solar power and the new promising alternative to oil,Canadian oil sands might make a dent in the crude prices . "

gabe, they've been extracting oil from there for quite a while, AFIK. It's bitumenous oil, thick and quite hard to extract. Were you perhaps thinking of the Williston Basin (thin layers of light, sweet crude-bearing shale) up there in Montana, North Dakota and Saskatchewan?

T.C.