RE:RE:Hey Guys Serious Warning Ahead... Just A Word Of CautionAgreed Cobalt.. I don't buy snowballers theories.. the dynamics of todays O&G sector have changed greatly from the "drill baby drill" days.. the industry is more pragmatic these days and the lack of investment will haunt supply for years maybe a decade, before any substantial supply comes into play to affect the trend.. why do you think Buffet is heavily invested into the sector now, and H. Hamm is looking to take Continental Res. private.. neither of those two legends invest for the short term.. JMHO..
Cobalt wrote: Way too much conspiracy talk and projecting it into the future for me. Been through a few oil cycles sure it ends, how nobody knows , this is why i take a good % off when overbought and look to reload if the bull keeps going , longer we go the larger i take off (and reload) that way i'm not caught holding extremely overweight , Good luck