RE:RE:RE:RE:Lost Faith in PeopleKindJettJava wrote:
consider this..... all the oil wells that are currently shut down.... they are not coming back online over night..... it will take time and as for another wave in the fall..... I think this thing is far more contagious than is realized I believe a lot of people already had it without realizing it ..... I think there is not going to be much of a second wave.... I think we are closer to heard immunity than people realize IMO
You're right about oil rigs, but keep in mind oil rigs have been falling for over a year now and output has not. Question is, how long before output starts falling because storage is full. We have to wait for that sweet spot where output starts falling, demand is picking up and storage is being used up.
Also, we won't be able to use HOU until it gets fixed to invest, and we have to be careful which companies to buy since some of them will go out of business.
What do you suggest we should buy when time comes?