Some people always make a big deal about "tax loss selling". Rarely does this theme ever really play out in any significant way regarding share prices. The more important consideration right now is where one thinks crude is settling from here, and getting positioned accordingly.
Man, you fools really don't pay much attention where your posts go, do you? No wonder your trades are in the crapper.
Funny how we humans are wired. We cus $3 gas but after it goes to $4 for a while then $3 is fine but $4 is ridiculous. Then it drops to $2 for a while and we think they are giving it away. It will be $4 again, hopefully a few years down the road, but eventually. I like XLE as a hedge and probably will be good long term. Good luck all and happy Thanksgiving.
If you missed the run up in 2009, this is your 2nd chance to buy a gem at a very discounted price. There's a high probability that the current E-coli issue will be resolved soon, with new processes and safeguards introduced to avoid future events. CMG provides a sensible healthy alternative meal at at a fair price. The young people today stay informed and they like to chow at CMG. Enjoy the ride and the upside..
FBEC looks ready. The company has a hemp energy shot that they just began marketing. Big things could be coming here so keep an eye on this one.
it will not be over until there are bankruptcies all over the place in the industry. this is oil's worst nightmare!
thousands will be out of work and broke this time next year lolz.
I certainly hope so!
I've got a little pile of cash earmarked for XLE & VDE if we could get a 15% or more drop...
40% more down at least. We have not seen much yet. The energy companies still haven't close the door yet. Next year, the weak start to go under, pulling down the energy sector with it. Good luck if you are long
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I think it will go down further before heading back up. Then there is also competing alternatives. Keep your eyes on Paris climate conference - the word so far is nuclear will not replace oil and wind can power the world.