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TheBreeze
Participant[quote=SD Transplant]I was thinking the same thing this morning. Oil seems to go lower & lower. I some believe the $60/barrel was a floor, I think we’re already passed that point now:
[/quote]
No idea if this is the “exact” bottom. I bought a nice chunk of USO today and plan to buy more over the next several weeks/months (unless oil happens to shoot higher from here). I plan to hold for a few years.
If the USO goes to 45 I’ll buy some more, 40 still more, 35 still more. If the USO drops below 30, I’ll stop buying. I’d like to have about 20% of my non-401(k) money in oil before all is said and done. That depends on the price action from here. If USO starts to rise and doesn’t stop, I may not buy anymore.
Participant[quote=SD Transplant]I was thinking the same thing this morning. Oil seems to go lower & lower. I some believe the $60/barrel was a floor, I think we’re already passed that point now:
[/quote]
No idea if this is the “exact” bottom. I bought a nice chunk of USO today and plan to buy more over the next several weeks/months (unless oil happens to shoot higher from here). I plan to hold for a few years.
If the USO goes to 45 I’ll buy some more, 40 still more, 35 still more. If the USO drops below 30, I’ll stop buying. I’d like to have about 20% of my non-401(k) money in oil before all is said and done. That depends on the price action from here. If USO starts to rise and doesn’t stop, I may not buy anymore.
Participant[quote=SD Transplant]I was thinking the same thing this morning. Oil seems to go lower & lower. I some believe the $60/barrel was a floor, I think we’re already passed that point now:
[/quote]
No idea if this is the “exact” bottom. I bought a nice chunk of USO today and plan to buy more over the next several weeks/months (unless oil happens to shoot higher from here). I plan to hold for a few years.
If the USO goes to 45 I’ll buy some more, 40 still more, 35 still more. If the USO drops below 30, I’ll stop buying. I’d like to have about 20% of my non-401(k) money in oil before all is said and done. That depends on the price action from here. If USO starts to rise and doesn’t stop, I may not buy anymore.
Participant[quote=SD Transplant]I was thinking the same thing this morning. Oil seems to go lower & lower. I some believe the $60/barrel was a floor, I think we’re already passed that point now:
[/quote]
No idea if this is the “exact” bottom. I bought a nice chunk of USO today and plan to buy more over the next several weeks/months (unless oil happens to shoot higher from here). I plan to hold for a few years.
If the USO goes to 45 I’ll buy some more, 40 still more, 35 still more. If the USO drops below 30, I’ll stop buying. I’d like to have about 20% of my non-401(k) money in oil before all is said and done. That depends on the price action from here. If USO starts to rise and doesn’t stop, I may not buy anymore.
ParticipantObama probably wouldn’t be so thin if he didn’t smoke like a chimney.
ParticipantObama probably wouldn’t be so thin if he didn’t smoke like a chimney.
ParticipantObama probably wouldn’t be so thin if he didn’t smoke like a chimney.
ParticipantObama probably wouldn’t be so thin if he didn’t smoke like a chimney.
ParticipantObama probably wouldn’t be so thin if he didn’t smoke like a chimney.
November 6, 2008 at 5:47 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #300517Participant[quote=Veritas] So tell me, why should I treat this President any different than the Bush haters have treated him?
[/quote]Because Bush has proven himself to be a massive dipshit whereas Obama hasn’t done anything wrong yet?
[quote=Veritas]
Our failure to stand by the one person who continued to stand by us has not gone unnoticed by our enemies. It has shown to the world how disloyal we can be when our president needed loyalty — a shameful display of arrogance and weakness that will haunt this nation long after Mr. Bush has left the White House.[/quote]LMFAO! If Chimpleton had actually gone after Osama instead of going to war with a country that had nothing to do with the terrorist attacks (and under the false premise of WMDs, no less), then he might actually have an approval rating above 30% and he would probably not have a sewage plant named after him.
How is that Bush has presided over so many disasters: Iraq, Katrina, housing bubble, economic depression, etc? Bush has earned the contempt the American people have for him.
November 6, 2008 at 5:47 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #300873Participant[quote=Veritas] So tell me, why should I treat this President any different than the Bush haters have treated him?
[/quote]Because Bush has proven himself to be a massive dipshit whereas Obama hasn’t done anything wrong yet?
[quote=Veritas]
Our failure to stand by the one person who continued to stand by us has not gone unnoticed by our enemies. It has shown to the world how disloyal we can be when our president needed loyalty — a shameful display of arrogance and weakness that will haunt this nation long after Mr. Bush has left the White House.[/quote]LMFAO! If Chimpleton had actually gone after Osama instead of going to war with a country that had nothing to do with the terrorist attacks (and under the false premise of WMDs, no less), then he might actually have an approval rating above 30% and he would probably not have a sewage plant named after him.
How is that Bush has presided over so many disasters: Iraq, Katrina, housing bubble, economic depression, etc? Bush has earned the contempt the American people have for him.
November 6, 2008 at 5:47 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #300885Participant[quote=Veritas] So tell me, why should I treat this President any different than the Bush haters have treated him?
[/quote]Because Bush has proven himself to be a massive dipshit whereas Obama hasn’t done anything wrong yet?
[quote=Veritas]
Our failure to stand by the one person who continued to stand by us has not gone unnoticed by our enemies. It has shown to the world how disloyal we can be when our president needed loyalty — a shameful display of arrogance and weakness that will haunt this nation long after Mr. Bush has left the White House.[/quote]LMFAO! If Chimpleton had actually gone after Osama instead of going to war with a country that had nothing to do with the terrorist attacks (and under the false premise of WMDs, no less), then he might actually have an approval rating above 30% and he would probably not have a sewage plant named after him.
How is that Bush has presided over so many disasters: Iraq, Katrina, housing bubble, economic depression, etc? Bush has earned the contempt the American people have for him.
November 6, 2008 at 5:47 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #300900Participant[quote=Veritas] So tell me, why should I treat this President any different than the Bush haters have treated him?
[/quote]Because Bush has proven himself to be a massive dipshit whereas Obama hasn’t done anything wrong yet?
[quote=Veritas]
Our failure to stand by the one person who continued to stand by us has not gone unnoticed by our enemies. It has shown to the world how disloyal we can be when our president needed loyalty — a shameful display of arrogance and weakness that will haunt this nation long after Mr. Bush has left the White House.[/quote]LMFAO! If Chimpleton had actually gone after Osama instead of going to war with a country that had nothing to do with the terrorist attacks (and under the false premise of WMDs, no less), then he might actually have an approval rating above 30% and he would probably not have a sewage plant named after him.
How is that Bush has presided over so many disasters: Iraq, Katrina, housing bubble, economic depression, etc? Bush has earned the contempt the American people have for him.
November 6, 2008 at 5:47 PM in reply to: Stock market set to rocket on prospects of Obama Presidency (up 250 points already) #300952Participant[quote=Veritas] So tell me, why should I treat this President any different than the Bush haters have treated him?
[/quote]Because Bush has proven himself to be a massive dipshit whereas Obama hasn’t done anything wrong yet?
[quote=Veritas]
Our failure to stand by the one person who continued to stand by us has not gone unnoticed by our enemies. It has shown to the world how disloyal we can be when our president needed loyalty — a shameful display of arrogance and weakness that will haunt this nation long after Mr. Bush has left the White House.[/quote]LMFAO! If Chimpleton had actually gone after Osama instead of going to war with a country that had nothing to do with the terrorist attacks (and under the false premise of WMDs, no less), then he might actually have an approval rating above 30% and he would probably not have a sewage plant named after him.
How is that Bush has presided over so many disasters: Iraq, Katrina, housing bubble, economic depression, etc? Bush has earned the contempt the American people have for him.
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