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Re: littlejohn post# 19298

Tuesday, 12/09/2008 11:15:34 AM

Tuesday, December 09, 2008 11:15:34 AM

Post# of 20456
littlejohn, I think ALRY has had it's shot. I'm sticking around until it's done. Then waiting to see what Larry, Rex and Frankie are going to do? I don't see Oil staying down long. Let's see Obamama doesn't want coal, nuclear, offshore drilling hmmmmmmmmmm. I see oil coming back up and yes, I want the commodity not some stock. Do you really see the Arab world letting the price of oil stay this low? I am looking at some MR's and deals but they are wanting way to much still. The drillers prices have priced themself out of the market with oil and gas being this low. Same with completion units and such. I see oil going down and staying down until spring. Then I'm hoping for a strong movement upward, and that all depends upon our economy. How many times are the automakers coming back to ask for more money by spring? Why hasn't the city of Detroit offered to pitch several billion into this due to all of their workers and homeowners and such? If they are really worried about Filing Bankrupcy they need to step up. Because they will be paying more in unemployment. I didn't see the Feds stepping in and paying the airlines, and the oil and gas business when they had to restructure and drop their bennies and such With the price of oil being this low there will be no alternative fuels being made without the government supplementing them. What about that big air turbine company filing backrupcy? Where was the FEDS? Soon it will be the mom and pop oil and gas companies that will need a bailout if the price stays this low for to much longer and do you think the Feds are going to pony up for them?