Coal Monster

The Ghost of Crude Oil Futures (Part 2/2)

I'm sitting on the sidelines waiting to buy some steel and natural gas related stocks...and I would like to buy when the DOW goes below 8500 and/or oil goes below $40...

Do any of you think this will happen in the next two weeks or will the DOW stay above 9000 and oil above $40?

Expert Commodity Picks for 2009: Jim Rogers and Marc Faber

Yeah I here ya, the Russian economy is kinda sketchy, but sometimes...the biggest risk is not taking one...and if you do the research you'll see that Russian has LOTS of natural gas, probably like 10X the amount the US has; Gazprom could be bigger than Exxon Mobil.

I also invested in Fannie Mae lol, I know it sounds stupid, but I wanted to try and take advantage of a company who is being backed by the Gov't, and I was about to invest in Citi Bank at $7, but when I saw FNM at $1.11 during Thanksgiving break, I'm like "oh wow, I can get a lot more shares if I go with Fannie," so I bought 800 shares at around a $1 and it's been down ever since!

I'm hoping the stock goes up to at least $2 before they do the reverse split, if Fannie does a reverse split, I'm buying Gazprom and some mining stocks, right now I'm on the sidelines waiting to buy more "X" and "CHK"


On Jan 05 12:53 AM jepittman wrote:

> In my opinion getting into bed financially with the Russians can
> be hazardous to one's financial virginity. If you want exposure to
> Russia do it through a diversified emerging markets fund (such as
> EEM, an emerging markets ETF).
>
> I admire your courage to invest during these fearful times. I believe
> you will do well. Stay diversified and stay with quality and you
> should be up nicely in a year. More in two years, IMO.
>
> Good luck.

Expert Commodity Picks for 2009: Jim Rogers and Marc Faber

I think commodity stocks are stupid cheap right now, so cheap I canceled my cd and invested all my money into the market and so far have bought Peabody Energy(BTU), Consol Energy(CNX), US Steel(X), and Dryships(DRYS).

I'm confident that coal will pay off in the long-run, especially with the China demand, however, I know it would be wise to add natural gas to my portfolio, and I'm waiting on the sidelines to buy Chesapeake Energy at a lower price(I'm hoping the DOW will go below 8500 in the next two weeks).

However, I am considering investing in the Russian natural gas company--Gazprom(OGZPY... which is a monopoly, but I'm not sure if investing in something the Russian Gov't partly owns would be a good idea...what do you guys think?