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Hi Guys,
yes I clearly see the bottom in oil but looking for a
way to profit from it in mutual funds. Any ideas besides Rydex Energy
Fund?
Thanks,
John
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Dorothy
K. Carter
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, November 17, 2001 2:01
PM
Subject: Re: [RT] January Crude Oil
Targets
Norman and M. Simms: I agree that $12
crude alone does not mean depression... cycle
wise
though, I think we are heading into a
depression.... so for me you are both
right.....J
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=nwinski@xxxxxxxxxxxxxxx
href="mailto:nwinski@xxxxxxxxxxxxxxx">Norman Winski
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, November 17, 2001 2:44
PM
Subject: Re: [RT] January Crude Oil
Targets
M Simms,
I disagree that $12 crude necessarily
equates to a depression. A look back at the past decade will reveal that
crude prices have lagged the economy. Apparently the oil producers are not
too swift in adjusting to current conditions. You may remember just about $3
years ago, crude prices got to $11 and we weren't in a depression. In fact
for part of the period friom 1998 - 2000 the economy was doing well and the
stock market was rocketing with relatively low crude prices for most of that
time.. Last year, when the economy was tetering and the stock market
was imploding, our OPEC "friends" kept the lid on production to keep prices
higher to help assure everyone of having a
recession. Recently, with our new friends like Russia, the whole
oil picture has changed which could mean oils prices could go much lower
while the economy is in the process of improving. Remember that these
bozos are making decisions about oil production based on economic data that
is probably six months old. Anyway, I would want to go long crude
at $12 and put it away for the grandchildren. <G>
Cheers,
Norman
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
M.
Simms
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, November 17, 2001
1:30 PM
Subject: RE: [RT] January Crude Oil
Targets
<SPAN
class=490252718-17112001>The $12 crude scenario would indicate we are in a
depression.
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<FONT face="Times New Roman"
size=2>-----Original Message-----From: Dorothy K. Carter
[mailto:dorothy.carter@xxxxxxxx]Sent: Saturday, November 17,
2001 12:25 AMTo: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxxSubject:
[RT] January Crude Oil Targets
Jan Crude target
16.35 and if that does not
hold then it has a shot a stretch
target of <FONT
color=#ff0000>12.32To
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