GREY:ROAOF - Post by User
Post by
profitonlyon Jan 20, 2008 1:55pm
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Post# 14232190
OIL
OILI own none then right now in 2008 I on nothing for the first time in many years.
My take on oil is it is worth every penny it trades at right now. But I wait because people are fools with their money when they are losing it. This could trade lower no matter how good the company is or it may have bottomed. I will wait for the upturn and pay a little more for it is the safe thing to do. Trading is on fear and emotion right now so toss out all the logic fundamentals for now for they will not help.