Looks like time to buy?

Any one listening to Desh in this thread for investment advice is the poster child for the axiom a fool and his money are soon parted.
 
evince said:
same with you wack


you never turn out to be right in retrospect
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Really Desh? What investment advice have I ever offered on this board? Please name one.

And here you are basically telling people to short all oil stocks. That's a brilliant move
 
cawacko said:
Any one listening to Desh in this thread for investment advice is the poster child for the axiom a fool and his money are soon parted.
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You think they should go with the panicked conservatives and put all your money into freeze dried food sold by Glen Beck and Rush Linbaugh?
 
Jarod said:
Cheep oil has wrecked the market, but I thought logic would say cheep oil would spur on the economy...

Thoughts?
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What Saudi did was not logical nor was it cheap oil.
They tried to preserve their market share by taking advantage of their lowest cost to pump. They gave up margin and created a glut to make US oil unneeded. It's not sustainable and is already hurting them more than they can tolerate.
They avoided this in previous clashes and scared off US production. Domestic is hurting but they can win out in the end.
The paradigm can be changed but it takes some pain to do have an oil war. SA picked war, not us.
 
Jarod said:
I was at a Village meeting last night, after the meeting adjourned, several of my more fearful colleges were discussing pulling their money out of the market. This is generally my signal to buy. What do you guys think... is it time to buy, buy, buy or are the Saudi's not done fucking with us?

Cheep oil has wrecked the market, but I thought logic would say cheep oil would spur on the economy...

Thoughts?
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Buy, buy, buy. The Saudi's have not wrecked the market. Think of the economic spinoff all this cheap oil is going to have. More petroleum based products, i.e. paints, solvents, coatings, polymers, resins, composites, etc, etc, are going to be made a far cheaper cost stimulating those markets to sell in much higher voluems. Then you have fuel dependent industries like agriculture and construction which will benefit not to mention the service industry will benefit directly from lower fuel cost with more people traveling, disposable income that can be spent on something other than fuel.

With Iranian oil on the market now this glut isn't going to end anytime soon. Unless your directly invested in oil or Chinese stocks....buy, buy, buy!

I've been investing most of my disposable income in a SKY fund in my 401K at work simply because I'm getting matched $0.50 on the dollar. It's recently dipped and 2015 wasn't a great year but the over all pattern is one of sustained growth. I lost my ass in 2008....gained it all back and then some in 2009 and 2010.
 
Jarod said:
No
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No I don't listen to Beck either. Listener beware. I put my money into real estate. I don't speak on when one should invest in the markets as I don't know enough. The question I have are the Fed future rate increases already built into the market? QE has been supporting this market. Can it sustain itself?
 
Jarod said:
I suspect they will force many of the "alternative sources" of energy into bankruptcy before they are done. The will also force out the domestic oil production unless the government assists.
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Desh is nuts. There's a whole host of industries, chemicals, composites, construction, transportation, automotive, hotel & restaurants, etc, etc, that are benefiting hugely from the low oil costs.

Is it hurting the domestic market in oil and gas and alternative fuels? Yes it is but there are going to be a hell of a lot more industries that benefit from low oil prices.
 
Jarod said:
They will stretch it out another 100 years unless we get our act together. The Government needs to step in and ensure these alternate energy and domestic oil production enterprises don't go under. They wont likely do it however because they are in bed with the Saudi's.
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Id say that's a lot like farming. That certain developing alternative fuel industries should be subsidized to meet strategic goals as this glut isn't going to last forever.
 
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