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If we start to get a real world wide recovery going, even just the hint of one, this will take off. I could see 65.00 by the 4th of july. Demand is the key. Right now we have been rising on speculation but the real growth will come when demand begins to climb. Inflation is not a concern for at least a couple of years. Watch China, Their economy appears to be recovering first. Any increase in demand for oil and we will be off to the races. This is a safe place to park some cash, its not really if oil will take off again only when. My guess is later this summer or fall.
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| Subject | Author | Rating | Time of Post (ET) | ||
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I'm new to this board, but I've been following VGENX fo...
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TimK777 | Rate it | 13-Nov-08 06:10 pm | ||
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I have two IRA accounts in this fund. I have been ...
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greytop77 | Rate it | 13-Nov-08 07:31 pm | ||
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I'm glad you bought, I sold. This fund has c...
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mikomend | (2 Ratings) | 14-Nov-08 01:58 pm | ||
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Energy is way oversold. Especially XOM and COP. Bu...
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brannonrs | Rate it | 19-Nov-08 12:46 pm | ||
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If we could only turn hindsight into foresigh...
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TimK777 | Rate it | 21-Nov-08 11:02 am | ||
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I'm looking to enter between 35-38. We w...
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derailedmp1 | Rate it | 15-Jan-09 10:00 am | ||
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I bought this fund more than a year ago at $66, I...
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diaamaster | Rate it | 21-Mar-09 03:15 am | ||
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I bought at $40.76 on 2/19/09. The recent selloff...
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skinz4q | Rate it | 8-May-09 10:35 pm | ||
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Re: I Bought in at Yesterday's close ($42.45)
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connerllys | Not rated | 9-May-09 11:35 am |
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