RE: RE: Oil up leg down I have wondered where you were BonJovi.
If a bottom is in I have not seen it, however LEG has produced a steady stream of
good results for 5 quarters now.
I mostly think that we must see a bottom for OIL prices before a bottom can be seen
for LEG. My opinion is that we could see this dither over OIL prices could last a long time.
We need stronger global economies, better access to oil markets and no substantial
production increases coming from the U.S., Iraq, Iran, etc. not to mention the increased
energy increases produced by wind, solar and improved efficiencies.
It could be a long wait so we will need a triple to recover.