RE: [Chrysler300] Price of oil

[<Jlyons@xxxxxxxxxxxxxxx>]

Mac,
 
I have traded oil in the past.  All I can say is that it is a work out,
requires intense attention and is subject to market psychology as much
(or more than) any legitimate market forces.  Consider the money you
'invest' in oil futures speculative.you're gambling, not investing.
 
Because of the recent volatility in the market (when I say 'recent', I
mean since Katrina), you are bound to pay a premium regardless of what
you think (bet) oil will do in the near-term.
 
When I am asked about the market, I always suggest a good consumer
driven dividend paying stock (P & G or GE are two good ones) with yields
close to 5%.
 
Good luck.
 
JL
 
-----Original Message-----
From: Chrysler300@xxxxxxxxxxxxxxx [mailto:Chrysler300@xxxxxxxxxxxxxxx]
On Behalf Of jimmac2004
Sent: Wednesday, December 24, 2008 2:12 PM
To: Chrysler300@xxxxxxxxxxxxxxx
Subject: [Chrysler300] Price of oil
 
Hello All, Any stock market wizards ou there? Oil is at $35,is it a 
good time to buy oil or futures ? Merry Christmas, Mac Sanford, Fl. 
300H&K
 


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