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| runner140 | Late day comment..... | ||
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Master Guru
 
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Wrote during the week that crude oil was stuck in a trading range of $132. to $138. Guess we broke out of that late yesterday and today. Its now trading at $142.80 up $3.16.
NYMEX doesn't close until 2:30. A falling dollar and a falling stock market and rally in gold. Next week should be interesting.(four day week) |
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Posted on: 2008/6/27 18:13
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96, white and a ton of miles. Somewhat stock. |
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| CentralCoaster | Re: Late day comment..... | ||
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Senior Guru
 
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So how do I make a cut on this?
I have some money to play with... |
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Posted on: 2008/6/27 18:18
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1985 Z51, ZF6 |
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| CSS996 | Re: Late day comment..... | ||
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Mega Guru
 
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Buy a bunch of GM stock.
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Posted on: 2008/6/27 18:22
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Currently "Between Vettes". 
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| runner140 | Re: Late day comment..... | ||
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Master Guru
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Quote:
Energy stocks look good this year. Rig builders, exploration and natural gas. Stay away from the refiners...they have a narrow crack spread(thats what its called). Commodity stocks also look good (gold, copper). Several mutual funds have all of the above. |
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Posted on: 2008/6/27 18:37
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96, white and a ton of miles. Somewhat stock. |
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| DaleD | Re: Late day comment..... | ||
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Senior Guru
 
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Quote:
Coaster asked how to MAKE money. |
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Posted on: 2008/6/27 18:38
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Whenever someone says "I'm not book smart, but I'm street smart", all I hear is "I'm not real smart, but I'm imaginary smart". |
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| runner140 | Re: Late day comment..... | ||
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Master Guru
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Quote:
If you like GM, look at the preferreds or the bonds(they are less speculative and pay great dividends and interest) |
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Posted on: 2008/6/27 18:48
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96, white and a ton of miles. Somewhat stock. |
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| CSS996 | Re: Late day comment..... | ||
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Mega Guru
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I was joking about GM.
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Posted on: 2008/6/27 18:50
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Currently "Between Vettes".
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| CentralCoaster | Re: Late day comment..... | ||
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Senior Guru
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Damn, ok then, I need to sell 725 shares.
Oh shit, they're already down 6%.  |
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Posted on: 2008/6/27 20:20
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1985 Z51, ZF6 |
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