Home › Forums › Financial Markets/Economics › Oil *was* a bubble
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donaldduckmoore.
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October 9, 2008 at 6:11 PM #284788October 9, 2008 at 6:22 PM #284455
tucker…
Participantot
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October 9, 2008 at 6:22 PM #284744Participantot
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October 9, 2008 at 6:22 PM #284768Participantot
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October 9, 2008 at 6:22 PM #284786Participantot
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October 9, 2008 at 6:22 PM #284798Participantot
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October 9, 2008 at 6:46 PM #284470stockstradr
ParticipantOil wasn’t and isn’t in a bubble.
Rich was and remains correct.
Oil has simply been hit with extreme demand destruction, deflationary pressures due to global economy recession / depression.
If you’re smart, you’ll stop ripping Rich and you’ll focus on spotting the right price to buy oil stocks at fire-sale prices.
I shorted oil and made money. I haven’t started buying oil stocks yet, but I will soon.
Oil company stock prices just fell today to about 8X earnings. Russian oil stocks are said to be near 4X earnings.
Besides gold, OIL will be the other sure bet that the bottom of this recession offers us!
October 9, 2008 at 6:46 PM #284759ParticipantOil wasn’t and isn’t in a bubble.
Rich was and remains correct.
Oil has simply been hit with extreme demand destruction, deflationary pressures due to global economy recession / depression.
If you’re smart, you’ll stop ripping Rich and you’ll focus on spotting the right price to buy oil stocks at fire-sale prices.
I shorted oil and made money. I haven’t started buying oil stocks yet, but I will soon.
Oil company stock prices just fell today to about 8X earnings. Russian oil stocks are said to be near 4X earnings.
Besides gold, OIL will be the other sure bet that the bottom of this recession offers us!
October 9, 2008 at 6:46 PM #284782ParticipantOil wasn’t and isn’t in a bubble.
Rich was and remains correct.
Oil has simply been hit with extreme demand destruction, deflationary pressures due to global economy recession / depression.
If you’re smart, you’ll stop ripping Rich and you’ll focus on spotting the right price to buy oil stocks at fire-sale prices.
I shorted oil and made money. I haven’t started buying oil stocks yet, but I will soon.
Oil company stock prices just fell today to about 8X earnings. Russian oil stocks are said to be near 4X earnings.
Besides gold, OIL will be the other sure bet that the bottom of this recession offers us!
October 9, 2008 at 6:46 PM #284801ParticipantOil wasn’t and isn’t in a bubble.
Rich was and remains correct.
Oil has simply been hit with extreme demand destruction, deflationary pressures due to global economy recession / depression.
If you’re smart, you’ll stop ripping Rich and you’ll focus on spotting the right price to buy oil stocks at fire-sale prices.
I shorted oil and made money. I haven’t started buying oil stocks yet, but I will soon.
Oil company stock prices just fell today to about 8X earnings. Russian oil stocks are said to be near 4X earnings.
Besides gold, OIL will be the other sure bet that the bottom of this recession offers us!
October 9, 2008 at 6:46 PM #284813ParticipantOil wasn’t and isn’t in a bubble.
Rich was and remains correct.
Oil has simply been hit with extreme demand destruction, deflationary pressures due to global economy recession / depression.
If you’re smart, you’ll stop ripping Rich and you’ll focus on spotting the right price to buy oil stocks at fire-sale prices.
I shorted oil and made money. I haven’t started buying oil stocks yet, but I will soon.
Oil company stock prices just fell today to about 8X earnings. Russian oil stocks are said to be near 4X earnings.
Besides gold, OIL will be the other sure bet that the bottom of this recession offers us!
October 9, 2008 at 6:59 PM #284496Arraya
ParticipantIf you’re smart, you’ll stop ripping Rich and you’ll focus on spotting the right price to buy oil stocks at fire-sale prices.
Richard Rainwater billionaire energy investor and friend to the administration just put about 300 million back into oil. Note: He exited at $130, he might know something…
October 9, 2008 at 6:59 PM #284784ParticipantIf you’re smart, you’ll stop ripping Rich and you’ll focus on spotting the right price to buy oil stocks at fire-sale prices.
Richard Rainwater billionaire energy investor and friend to the administration just put about 300 million back into oil. Note: He exited at $130, he might know something…
October 9, 2008 at 6:59 PM #284807ParticipantIf you’re smart, you’ll stop ripping Rich and you’ll focus on spotting the right price to buy oil stocks at fire-sale prices.
Richard Rainwater billionaire energy investor and friend to the administration just put about 300 million back into oil. Note: He exited at $130, he might know something…
October 9, 2008 at 6:59 PM #284826ParticipantIf you’re smart, you’ll stop ripping Rich and you’ll focus on spotting the right price to buy oil stocks at fire-sale prices.
Richard Rainwater billionaire energy investor and friend to the administration just put about 300 million back into oil. Note: He exited at $130, he might know something…
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