cynic69

11 Stocks Selling Below Cash

Many of thses companies are going to lose money because of the high cost of energy

11 Stocks Selling Below Cash

Many of these companies are going to be losing money because of the high cost of energy

Where Have All the Peak Oil Believers Gone?

This resistance to the "peak oil" study mystifies me. A two year old is fully aware that his milk glass has a limited supply of milk. How can anyone assume that the earth contains an unlimited supply of easy to get light sweet crude. It doesn't matter that the earth has a huge supply of tar sands and newly discovered pools of oil at a depth of 25,000 feet off the coast of Brazil, the oilers will not be able to keep producing oil at the rate of 86,000,000 barrels per day.
The current cost of a roof top full of solar panels is low enough that it makes some since. When the price of oil is $200 a barrel, growing crystals for solar panels may make the whole solar energy idea moot. The same logic applies to the rest of the so called “alternative energy” sources.
If articles like this continue to be published by the minions of big oil, the populace will not come to grips with impending disaster of oil shortage chaos until it’s too late.

Where Have All the Peak Oil Believers Gone?

Babak
You are pretty much of a dope. There are 60 major oil fields in the world. 56 of them are in serious decline. There have not been any significant discoveries since the 80s. How do you think the oilers are going to maintain oil flow at 85 millions barrels per day? Magic maybe? Oil will never run out but maintaining the required production rate is impossible. Shortages will cause chaos and war. Once shortages begin the price of oil will skyrocket. After that happens it's going to be very difficult to implement any of the so called "alternatives". Thanks to people like you the people and the politicians are going to sleep past the time when anything can be done that will come close to solving the problem. In the meantime humans can continue to drive their 880,000,000 oil powered vehicles down the road to destruction.

Cheapest Valuations in Decades Will Trump Panic Selling

Dear JD
Do you realize how naive it sounds to state that "the PE ratio of the S&P 500 is 11". If you are talking about the past my reaction is that history is no harbinger of the future. If you are talking about future PE ratios you are dreaming a polyana dream. When I read articles like this it raises my suspicion that the author is already in the market and is hoping that he can trick the rest of us into piling in after him. I think that the consumer is in debt up to his hips and the price of oil is going to skyrocket again. I think that future PE ratios are more like 30 or 40. I have been banking a ton of money by buying puts everytime the market rallies. Anyway, best of luck to all you bulls.

Stock Market Cycles, Part 3: Primary Bear Markets

Wait a minute. Something is different this time. Do you remember that oil was $147 dollars a barrel until "demand destruction" cut if off at the knees? When this recession is over and demand destruction is a thing of the past do you think the price of oil will skyrocket once again? Currently there are 60 major oil fields on the earth. Fiftysix of the sixty are in serious decline. I think that the world economy is in a whole lot of trouble and that these historical lessons mean little or nothing when it comes to predicting the future.

Is Short Covering Really Propping Up the Markets?

Since the consumer is not only tapped out buy head over heals in debt and oil is still over $70 it looks to me like one would be better off joining the leauge of shorters. I don't think bottom is anywhere in sight.

Trade Down Play - Cramer's Mad Money (10/15/08)

Wait a minute. Are you taking advice from Cramer? Isn't he the guy that called the bottom a month ago, right before the big crash? I guess I would be a little worried about taking advice from a guy with a record like that.

Some Encouraging Developments in the Economy

First of all everyone knows that common stocks have no real value in that when the co. goes broke the shareholders get nothing. Secondly the forward looking earnings for stocks is a stockbrokers silly dream, based primarily on how much he has to earn in commissions to make the payments on his girlfriend's downtown apartment. Anyway Jim I think you should go all in. Those cheap stocks are just waiting for someone to give them a new home.

Grand Energy Debate Warms Up in Washington

I saw a committee meeting on C-SPAN. They had some terrific analysts with really great advice for what to do to solve the energy crisis (the guy from Google was really great). It was obvious the conservatives in the room do not believe in peak oil and feel like the only solution is drill, drill, drill. I believe that big oil has bought off the Republicans with sweet candy, private jets and dancing girls. Why else would they be so hard to convince.

Grand Energy Debate Warms Up in Washington

It doesn't matter how much energy is in hydrates, sand or shale! Peak oil will be caused by an inadaquate PRODUCTION RATE. When the production rate is too low shortages will occur. Shortages are going to cause chaos in the world economy. If you can't fill up and go to work your kids are going to go hungry. This situation will make you mad enough to fight, if you are not mad enough already.

Diversification Is Your Only Friend

Diversification is an incredibly stupid idea that is guaranteed to make you poor and your broker rich. The idea that if you own a set of stocks and you have security because some stocks go up and some go down is illogical because 90% of stocks follow the major averages. Even if it worked it only means that you don't lose much but you never have any real profits.

Ready To Roar - Cramer's Mad Money (9/12/08)

Cramer is always wrong. He called the bottom two weeks ago and the market immediately sold off. 56 of 60 major oil fields are in serious decline worldwide. The specter of the coming energy shortage is going to insure market killing inflation. The whole world is falling into recession. Who is going to buy American products? I would say the you are making a big mistake if you are trading your 401K based on advice from Jim Cramer. BooYa!

Are We at the Bottom Yet?

I think Mr. Roxburgh is long this market and he is hoping this article will convince the rest of us to jump right in. I think we are still at the top of the market and with energy prices at this level equities are going to need a 40% haircut before they start to make any since.

Megaprojects Predict Decline of Oil Production

This is the most ridiculous collection of BS I have ever read. There are no set of alternatives or technologies that can make a significant dent in the 86 million barrels the world consumes everyday. For example there are currently 880,000,000 gasoline/diesel powered vehicles on the road worldwide. Do you think a few thousand Preius are going to an affect. I don't think so.