GREY:BXEFF - Post by User
Post by
Finantialon Dec 05, 2014 8:44am
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Post# 23198528
“The oil price will definitely rise significantly in 2015”
“The oil price will definitely rise significantly in 2015” This remind me of Feb-March 2009, the market was down 40-50%, the world was ending. They were prediction 3000 Dow. By spring we were recovering from all this nonsense. And if I remember correctly from the bottom of 2009 end up a good year. My gut feeling tell me this is nothing but tax loss and stupidity and by February-March the storm will past. During this period the weak one may be in trouble like GM & Chrysler in 2009. If we invest in good company we will make ton of money when the pendulum swing the other way. I would rather own oil & gas stocks down 30-50%, than any other stocks at all time high today. Yes I’m being a greedy investor in oil & gas right now. I’m very patient and prepared to wait for idiots to come back.