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Blair » Comments » CVX

  • Don't Believe Long-Term Oil Forecasts [View article]
    Jackson Cash suffers from an ignorance problem regarding nuclear power -- the actual size of the fusion environment is indeed small.

    However, the shielding required to make the reactor safe is hundreds of times bigger and heavier. I.E. small nuclear reactors are just not safe.

    The basic issue regarding oil is that it is a high density energy material. No doubt we can reduce consumption per unit, however, there will be more units to consume the energy. Consequently, the issue is simple - overall consumption will increase, with all of intended (and unintended) consequences.
    Nov 10 12:59 pm |Rating: 0 0 |Link to Comment
  • Dow 30 Price Targets - Too Much Optimism? [View article]
    My put is that the Dow average is going down to the 2002-03 bear market level, say 7500.

    Which stocks are going to be the principal 'droppers' that will cause the above forecast to come true implies those stocks that have not been hit too hard so far.

    If the above assumption is correct, the financial stocks will bottom out price wise in the recent levels.
    Jul 09 02:46 am |Rating: 0 0 |Link to Comment
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