To: Leaning Right
You must not have any oil holdings. I have to decide between a 90% loss selling now, or gamble the market turns around and I can recoup some losses. If I do the latter, I risk 100% loss from liquidation. Oil has me shocked right now.
19 posted on
01/20/2016 10:15:05 AM PST by
STJPII
To: STJPII
I’m seriously thinking about buying some Conoco and Exxon. Oil will go back to $100 a barrel when the last domestic producer goes belly up and Obama kills any pipeline deal. Then OPEC will have us by the short hairs again.
22 posted on
01/20/2016 10:18:53 AM PST by
AppyPappy
(If you really want to irritate someone, point out something obvious they are trying hard to ignore.)
To: STJPII
23 posted on
01/20/2016 10:19:32 AM PST by
Pelham
(Nikki Haley, ethnically cleansing South Carolina for the GOPe)
To: STJPII
You must not have any oil holdings. About 5% of my investments are in oil. Might be less when I check prices at the end of the day. No point in selling now.
30 posted on
01/20/2016 10:29:44 AM PST by
Leaning Right
(Why am I holding this lantern? I am looking for the next Reagan.)
To: STJPII
Oil will go back up. The Saudis can’t keep selling at a loss forever. Those who think some miracle alternative energy source will be the end of oil are too early, unless the Vulcans finally reveal themselves and give us the new technology that eliminates the need for petroleum.
33 posted on
01/20/2016 10:31:05 AM PST by
Chuckster
("Them Rag Heads just ain't rational" Curly Bartley 1973)
To: STJPII
If you are in dividend stocks hang in there. Remember that emotion impacts the market too.
52 posted on
01/20/2016 11:04:29 AM PST by
Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
To: STJPII
You should have sold long, long ago...
Sorry to hear of it....
73 posted on
01/20/2016 5:20:14 PM PST by
Osage Orange
(Nowadays we are just Central America with snow.)
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