[TreeFarmer]

As far as the little side thread going on about investment adivce, my thouhgts have always been to take advice from people who have proven over time they can make and hang on to money.

Most likely the investment advisor sitting in a cube farm is a young guy who has not proven anything yet that I would consider noteworthy. Before the current young guy the company had me assigned to an older guy, by older I would say he was early 60's. From talking to him I got the impression I had more money than he did even though I was 20 years younger. Now, I've always heard that you can do well as far as income selling financial products, much better than I do teaching at a university. Given that, I wouldn't take advice from him either because I felt that he should have been much richer than me.

I guess if I'm going to take advice from someone they have to be able to "show me the money" as in they've made it for themselves. Now, if they really want to impress me, they can take me to the marina, and in a play on the old joke, they can show me the customer's yachts.

TF

[DantesPeak]

Oil is going to turn around as early as tommorow. Mid-month in July the US will experience a signficant drop in oil imports due shipment declines from Nigeria, Mexico, and yes, even Saudi Arabia.

When it becomes apparent that crude inventories on hand are heading towards low levels, I would not be surprised if we hit a new high for oil about the end of July or early August. However that is not a specific prediction.

Due to US monetary policy, maybe best described by Bernanke today who said - to paraphrase - we face an unusal short term situation that may continue for a long long time.

That means full speed ahead for inflation.

[Daniel_Plainview]

$this->bbcode_second_pass_quote('Kingcoal', 'D')emand destruction will cause the price to fluctuate in the short term, but I don't care about the short term. IMO, the long term trend is up, up and away.

[misterno]

Relaxxxx guys, the markets are very nervous that's all

It will come back and even surpass $150 with a little bad news.

Just relax and wait.

That is what I am doing.

[Daniel_Plainview]

I ...... can't ....... relaxxxxx

[cube]

$this->bbcode_second_pass_quote('TreeFarmer', 'A')s far as the little side thread going on about investment adivce, my thouhgts have always been to take advice from people who have proven over time they can make and hang on to money.

[ReducedToZero]

Kramer's a funny character I must say

[smallpoxgirl]

Who's the chick? She looks like a page out of a JCPenney catalog.

I have no faith in anyone who's saying "buy this and you'll make lots of money." There are some folks like The Market Guys and Alexander Elder who are approaching it more from a stand point of teaching you about technical analysis, money management, trader psychology, basically teaching you the skills you need to become a trader. That strikes me as being much more legitimate.

I think there's good information out there. It doesn't come from a place of "here's what to buy." It comes from a place of "here's how to figure out what to buy."

[wisconsin_cur]

$this->bbcode_second_pass_quote('smallpoxgirl', 'W')ho's the chick? She looks like a page out of a JCPenney catalog.

[cube]

$this->bbcode_second_pass_quote('smallpoxgirl', 'W')ho's the chick? She looks like a page out of a JCPenney catalog.

[ReducedToZero]

$this->bbcode_second_pass_quote('cube', '')$this->bbcode_second_pass_quote('TreeFarmer', 'A')s far as the little side thread going on about investment adivce, my thouhgts have always been to take advice from people who have proven over time they can make and hang on to money.

[BigTex]

To add to what cube is saying, to me the skilled investor is someone who can filter out a tremendous amount of market and other "noise" and see value and trends that are very subtle.

Trying to be an entertaining talking head or a "people person" sales representative almost guarantees that the person is NOT skilled at filtering noise, since their very existence is a large source of the noise.

[SoylentGreen]

how low will it go.....as low as it can get until Iran sucessfully tests ballistic missles that can hit Isreal ,parts of Eurpe and any US base in the middle east...like the story that just broke. Buy energy on pull backs. This is your opportunity.

[Niagara]

$this->bbcode_second_pass_quote('cube', '[')img]http://images.businessweek.com/ss/05/10/cramer/image/kramer7.jpg[/img]

[Toyota]

Off course, when the dollar is rising, the oil price falls

I think if the feds wanted it, the price will be 70 $ pr gallon, it predict this in 2010, maybe late 2009

Its still cheaper then water

[smallpoxgirl]

$this->bbcode_second_pass_quote('cube', 'S')uze Orman, she has her own TV show.

[VMarcHart]

My favorite weekly chart.

Up $0.019 this week.

[TonyPrep]

$this->bbcode_second_pass_quote('NoWorries', 'I')t's clearly trending down now.

[SoylentGreen]

LOL...what drop?