InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,470.15
(
-0.31%
)
US TECH 100
19,207.20
(
-1.04%
)
Dow Jones
39,098.83
(
0.68%
)
Brent Oil
85.01
(
0.37%
)
Bitcoin
64,695.09
(
-0.42%
)
Post# of 47132
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

The Grabber

Send PM Follow Ignore
Followers 21
Posts 3695
Boards Moderated 1
Alias Born 01/30/2002

The Grabber

Member Level

Re: Alton post# 38517

Tuesday, 11/04/2014 3:49:29 PM

Tuesday, November 04, 2014 3:49:29 PM

Post# of 47132
Hi Alton.

If quality energy stocks continue to drop and get to fire sale prices I'll be jumping into those as well!

Just heard on the radio this morning that Saudi Arabia just marked down their price on exported oil to fire sale prices so as to run the little guys here in the US out of business.

Complicating the issue is that the Mid-East emirates and kingdoms need that revenue to keep their largesse going to the public. Otherwise their rule is at risk.
OPEC is in trouble.

That's what happens when the free markets aren't allowed to seek their natural level.

BTW: I've been adding to both my SLV and AXAS positions.

Best Regards, Steve (The Grabber)

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up