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#18 |
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Prostate Examiner
I quoff fine wine at corkd.com
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
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Robin,
I am not as good an investor as you give me credit for, I am still down $350,000 from 1999 You are onto something with energy plays, with new demand from China and India, the once "sleeping giants", energy is not internet bubble, IMHO. I don't invest much and preffer "sleep well at night" CD's and government bonds over all other forms of investments, but...still play a little here and there, and this includes the energy sector as well, I did make a few buck on BP, writing calls and collecting dividends. To those who say the price of oil is based on speculation because the cost of producing is $10-$12, all I have to say is: The price of producing 1st Growth Bordeaux is..$15-$20 a bottle, which doesn't prevent the buying public from paying $50-$1200 a bottle. Have a nice trading
__________________
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