long_on_oil

Loading...
Symbols:
Authors:
comments58
  • Positive ratings +28
  • Negative ratings -7
  • Net rating +21 or 80 %
Filter comments by:
Highest rated Latest comments
Or filter by symbol:

Latest Comments
58 Comments

    • Mon Dec 1st 08:30 AM
      |
      Rating: 0 0
      Commented on:
      The Ag Industry: Another Credit Crisis Casualty?
      In the end the explosive population growth will determine the direction of ag related. It is like oil, the long term line is up with no end in site but, along the way there will be dips and peaks. If something were to happen to the world population like an epidemic that would wipe out 10% or more then all sectors would suffer ...but that is just common sense.
      View article »
    • Sun Nov 30th 10:30 AM
      |
      Rating: 0 0
      Commented on:
      Here Comes a Consumer Killer
      There are actually people out there that use their credit cards for purchases that require 3 to 6 month payouts. Items like medical deductible expense and other items which are not discretionary. It is easier to use a 8% card than to go to the bank and get a short term loan. We all have cash flow problems from time to time and ipods and useless electronics are not involved.
      It strikes me funny that everytime credit cards purchases are discussed the automatic assumption is overuse and high interest rates. This is probably the rule but there is always an exception.
      View article »
    • Sun Nov 30th 10:21 AM
      |
      Rating: 0 0
      Commented on:
      Friday Options Update: C, GM, F, GE, CHK, AEM
      Honda and Toyota succeeded based on one word... Quality...quality quality. Deming, the American quality genius, is the person that single handedly gave the Japanese car companies the edge over the Big 3, the rest is history.
      You can call it mismanagement, poor design or whatever you want but the bottom line was the quality of the product. One thing is for sure the foreign cars did not have the looks of the American made but they did have better quality and as a result the owners did not have to spend valuable time at dealerships waiting for their cars to be repaired.
      View article »
    • Sun Nov 30th 09:17 AM
      |
      Rating: 0 0
      Commented on:
      U.S. Stocks Look Like They're Still Headed Lower
      You have one huge difference between now and the great depression and that is government transfer payments and retirement disbursement ie Social security, teacher retirement, corporate pensions, 401ks etc. These payments place a floor on earnings you did not have during the great depression.
      In other words Wal Mart is going to do well no matter how low the market gets.
      These payments also insure the dow will not fall below a specific level, even though I don't know what that level is. If I were to guess I would say probably 7000.
      Retirees purchase automobiles, clothing, medical etc. The healthy ones still go on vacation and buy RVs. It is the level at which the purchases are made that is lower.
      Investors are finally starting to realize that the economy is starting to bottom t and there is tremendous value to be had. That is why the market has gone up 5 straight days. Investors are finally reaching a point where they are refusing to sell. The number of shares available for the day traders is getting below the demand so the prices are rising.
      Low gasoline prices are bringing the economy back. The price of gas will probably level off at around $2.50 a gallon after oil settles in around $75 a barrell. When that happens the economy will level off for a couple years and then slowly recover.
      Just my opinion.
      View article »
    • Sat Nov 29th 09:07 AM
      |
      Rating: +1 0
      Commented on:
      Friday Options Update: C, GM, F, GE, CHK, AEM
      You have some good ideas but overall your suggestions would lead to bankruptcy. Toyota and Honda would eat GM's lunch if they implemented your plan of reducing models and cutting advertising and dealerships.
      What about pickup trucks? Country boys demand their Chevy and Ford trucks.
      It is clear by watching the hearings that it is the management of these companies that needs to be overhauled. With the exception of Ford, I wouldn't hire any of them to run a hot dog stand, let alone a car company.
      The failure of any company is always tied to the management of the company and these companies are doomed without replacing the management.
      I was impressed with the head of Ford, other than him, fire the rest.
      You can blame the Unions but it was management that gave into their demands. The Unions are like a spoiled child, they cry and pout until they get their way. I would be like Reagan, present the Unions with a decent contract that will insure the survival of the company and if they refused it, fire them all or relocate the plant.
      So my solution is:
      1. Replace management
      2. Make a product that customers demand including quality and style.
      3. Take care of the employees without giving them a contract that will make the company non competitive.
      View article »
    • Wed Nov 26th 08:50 AM
      |
      Rating: +2 0
      Commented on:
      Letting the Reinflation Genie Out of the Bottle
      The talking heads laugh when you mention Germany and Argentina but how can we inject 2 to $5 trillion into the economy without the eventual inflation that follows? Those who fail to follow the lessons of history are bound to repeat them.
      View article »
    • Tue Nov 25th 09:11 AM
      |
      Rating: +4 -3
      Commented on:
      Detroit's Big Three and the Democrats' Economic Illiteracy
      Wouldn't it be great if we had just one article that was impartial and just started the facts regarding the so called bail out. GM has already renegotiated the contract and the UAW has given more than their share to keep GM in business. The future hourly rate is in line with the non union plants plus they are turning over health care to the union thus locking in an expense that has a "sky is the limit" boundary. I don't know the exact details, but I wish I did. We taxpayers need to hear both sides of the story before we decide what is best for these 3 companies.
      I have worked on the line and in management for Chrysler so I have seen both sides of this story and the truth is somewhere in the middle. If every american were required to spend just 30 days on an assembly line their view of this situation would change. But on the other hand management caves in to stupid handcuffing demands every time a new contract is negotiated.
      I have seen the Union Stewards write grievances just so they could have trading material for the next negotiation. I have seen no good for nothing fired workers brought back via this process of trading grievances for fired workers returning to work.
      The biggest problem with the auto industry is the Unions have always had an "It's us vs them" attitude. With us being the Union and them being the company. The dumb asses CAN NOT get it through their thick heads that us IS them. They are the company, they are the heart and soul of the company. There is no us vs them. When a bad worker gets fired the union should cheer, not want him back.
      For this whole mess to succeed the union has to become more management oriented. The Union has to correct the dumb mistakes management makes by wanting the company to succeed.
      They need to form a management oversite committee made up of management and union. The oversite committee would recommend savings and expenditures that would benefit the company and the upper management would implement the suggestions. Like getting rid of corporate jets.

      I have had autos made by all three auto makers including toyota and honda and I personally would hate to see GM fail. I love the Buick line of automobiles. I am sure you Ford, Dodge, and Chevy truck owners feel the same way. Please don't force me to buy a Toyota or Honda truck they are so damned ugly.,,lol
      View article »
    • Wed Nov 19th 09:24 AM
      |
      Rating: +1 0
      Commented on:
      WSJ: A Frightening Indictment of Our Society
      Number one rule to banking success is never loan more than the collateral. At lease that is what the successful small town family owned banks subscribe to. You don't see them failing. What makes this rule so hard to follow? The American public as a whole has lost all ability to reason and common sense has gone the way of the dodo bird...lol
      View article »
    • Wed Nov 19th 09:15 AM
      |
      Rating: +1 -1
      Commented on:
      Isn't Deflation a Good Thing?
      Now let me get this straight. We are going to experience the largest increase in the money supply in history and we are also going to enter a period of deflation. Pick one, we can't have both. It all boils down to cycles...cycles...cycl...
      Everything is tied to the price of oil because it is used in producing all goods and services. The price of oil is very fragile because it is based on such a small gap between supply and demand so in the future we will continually experience the current type cycle we are going through. High oil prices=recession, low oil prices=recovery and on and on.
      As investors we will just have to be smart enough to get out before the peak and get back in close to the bottom (like now).
      View article »
    • Mon Nov 17th 09:26 AM
      |
      Rating: +2 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      The world is suppose to be starving for liquidity but on the other hand we are currently suppose to have $13 trillion dollars in cash sitting on the sidelines just waiting for a market bottom. Where exactly is this $13 trillion sitting, apparently not in any bank that lends money. If it is in T bills how long can that last? As bubbles burst so does idle cash sitting on the sidelines waiting for an entry point. When this cash starts to reenter the market and the dam eventually breaks, this market will reverse itself and the move will be fast, because unlike the decline, the upward movement will suck in that idle cash like a tornado.
      Buy high, sell low will never change. It is human nature.
      View article »
    • Mon Nov 17th 08:57 AM
      |
      Rating: +1 0
      Commented on:
      The Pickens Plan Changes Its Strategy
      Unless gas hits and stays at over $4.50 a gallon you won't see any of this alternate energy stuff being used by the American public in any great numbers. Gas at $1.79 a gallon is an alternate energy killer. Will it stay there, its possible but not probable. If the world goes into depression (whatever economic level that is) we sure won't see any alternate energy until it comes out of it.
      How many electric car batteries can we build with the current proven supply of nickel? My guess is, not near as many as the world needs.
      View article »
    • Sun Nov 16th 08:49 AM
      |
      Rating: +7 0
      Commented on:
      Peak Oil's Bell Is Ringing
      If everyone agreed with the peak oil theory the world would be rushing to correct the problem. Every crisis has its naysayers. Inventories and supplies control price not total supply. The long term line is sharply upward with ups and downs along the way. If oil companies can not replace reserves with new discoveries then there is definately merit in the peak oil theory...that is common sense.
      Wouldn't we be better off to prepare for peak oil and have the theory proven wrong than to not prepare at all and actually face the Armageddon to come.
      I won't be around because I am to damn old but when the world does run out of oil you can bet the next theory will be born and it will be called "the demise of the human race due to lack of oil."
      View article »
    • Sat Nov 15th 13:18 PM
      |
      Rating: 0 0
      Commented on:
      Is Buy-and-Hold Dead? Hardly
      You can not make a general statement like buy and hold is dead because it depends on what you buy and hold. It also depends on when you buy. You could have bought BP in June 1997 at $100 a share. 100 shares would now be 400 shares and your annual dividend payment alone would be 13.44% and that does not even include any capital gains you will make the next 5 years.
      Don't tell me buy and hold is dead. The funny thing about this is you can do the same thing today with BP.
      View article »
    • Fri Nov 14th 08:44 AM
      |
      Rating: 0 0
      Commented on:
      Time to Fill Up on the Strategic Petroleum Reserve
      Good article, you are right, filler up. I remember when gas was over $4 a gallon and oil around $140 everyone was talking about how much money the government had made by buying oil for the SPR at an average cost of about $60 a barrel. Again hindsight is 20/20.
      If all the major users of oil are buying futures contracts then the price has to have a bottom right around the corner. I remember how smart UPS and Southwest Air were suppose to have been during the last crisis because they had hedged. Any major user of gas or oil has to be hedging now as far out as they can get. If they are not then fire the management.
      note CHK is the symbol for chesapeake.
      View article »
    • Wed Nov 12th 12:09 PM
      |
      Rating: +1 -1
      Commented on:
      Is Buffett Really Losing His Touch?
      Buffet has shed all his bonds in his personal portfolio, that alone should be a major sign to all investors. I have owned BRK for years and everytime I doubt him and sell some of it, I have paid the price. During the tech bubble they criticized him for not being in tech and we all know how that turned out. You are not buying earnings when you buy BRK, you are buying a portfolio.
      Sell BRK at your own peril.
      Buffet has paid the price of making investment mistakes and I trust him over myself with my money. I am to greedy and I never sell at the right time...LOL
      View article »