InvestorsHub Logo
Followers 1
Posts 208
Boards Moderated 0
Alias Born 03/06/2008

Re: 100lbStriper post# 14526

Wednesday, 02/18/2009 11:23:26 AM

Wednesday, February 18, 2009 11:23:26 AM

Post# of 15759
I think its definately a good thing for sure. I mean by the time they get their ducks in a row the price of oil may well rebound to some extent. From what i understand going forward 2010 is going to be a fairly good year for the energy sector as a whole. We hopefully will have the whole mortgage backed security debacle in the rear view mirror by then. Right now fundementals are out the window though so these next few quarters are going to be tough. That being said chag could do anything. I have been holding it for a couple of years now and i bought around .08 cents so i just hold and as for the rest of the market i just try not too look to often.. I havent got time for the pain...