[stlsmoore]

Originally Posted by Aletheides

Right now stocks are going to shit, invest commodities.

Isn't it the best time now to invest in stocks since you can get everything at bargain prices?

[Gaulkin]

Originally Posted by stlsmoore

Isn't it the best time now to invest in stocks since you can get everything at bargain prices?

If your goal is to hold them for 5-10 years then yes.

[StealYourDreams]

Originally Posted by Gaulkin

If you truly believe in that, your a total moron.

Yes, Look up concorde trading group and U.S. options, which are one in the same but the name kept changing due to the CFTC, and find out who the top broker was out of the 100 that they had (all series 3).

Kid, keep lying to yourself and thinking you have any clue you know what the f**k you're talking about. Anyone who has been in the business for more than five minutes can see the manipulation.

[jasaunders]

Originally Posted by Gaulkin

If you truly believe in that, your a total moron.

As of this morning, oil is down 14% in the past week. Did demand drop 14% in a week?

Oil is up over 50% from a year ago. Did demand for oil increase 50% in the past year?

Supply and demand is only a component of the market price, which has been driven by wild speculation.

Gaulkin, you say that nothing has been done about supply or demand for a long time and therefore we are heading higher as demand increases. Demand can change very quickly. Many countries heavily subsidize oil for consumers. Any change in subsidies in any number of countries can drop demand very quickly.

[jasaunders]

Originally Posted by Doodyps

DO NOT BUY oil now unless its on news from Iran or a hurrican in the oil producing regions of the Gulf.

Sorry, that's not a good strategy. Oil, as any other publicly traded commodity or stock is priced on an open market where investors have access to the same information you do (and often before you). If you hear about supply problems on the news, it has already been priced into the commodity or stock. You're not the first person to receive this information and can not take advantage of it.

[Gaulkin]

Its a market, not a conspiracy. Some people in the market push up and some people in the market push down. Just like here some of you think it will go down and i think it will go higher. Keep blaming speculators and we will never get out of this oil crisis, all that will do is keep oil going higher. We need to stop pointing a finger and actually come up with a real solution, oil isn't going to last forever.

[Aletheides]

Originally Posted by stlsmoore

Isn't it the best time now to invest in stocks since you can get everything at bargain prices?

When the economy is bad then stocks are bad and people pull their money out of them to invest in something safer, commodities. When the economy comes back people will be pulling their money out of slow moving commodities and putting them back in rising stocks. You can make money from both cycles.

For example, in 2000 when the economy was good Gold was at $200-$300. As it stands now Gold should hit $1000 pretty soon.

This kind of cycle happens over and over again.

And yes like Gaulkin said it is also a good idea to buy into solid companies at bargain prices and hold for years, but you'll be waiting a while for it to pick back up again. During this time your money will be basically stagnant, which is bad.

Anyway, I don't invest in stocks, so this is all just my opinion.

[Doodyps]

Well, not that $200 will do much, but it wont be stagnant if you get a good dividend. Anyway, I'm not "blaming" anyone for the high price of oil. I rode it to the top so I'm not mad a speculators. I did loose quite a bit by not getting out in time...and then getting back in...which has been killing me. I dont think anyone here is arguing its a conspiracy. Like you said, some of us think it is going down and will sell, and you think it will go up. Well, when three people think it will go down and sell, and one person buys, oil goes down. Thats whats happening. Oil is just subject to lots of distractions like war, weather, AND supply and demand. Its useless saying that speculation has nothing to do with prices when you can open a stock ticker and watch people buy and sell...thereby driving the price.

also, if youre interested in stocks with good dividends, look at permian basin royalty trust. Its a oil play but in the long run it will make money. I would wait to buy but whatever. It has a great dividend and if i remember correctly is at a really low price for the past year.

[Ultimatum Dynamics]

Don't invest in oil, you are profiting off hard working family's pain at the pump. Plus the bubble is collapsing. You will only lose money.

[Doodyps]

Originally Posted by Ultimatum Dynamics

Don't invest in oil, you are profiting off hard working family's pain at the pump. Plus the bubble is collapsing. You will only lose money.

I take it you're not a big believer in capitalism then. I wonder what you're doing on an entrepreneurial website? Thats like saying Doctors are profiting off sick people (which they do, and its why we have doctors) or homebuilders profit off poor homeless people. We need oil. Therefore we pay people to produce it. Oil companies would produce more if they were allowed to drill. It is mostly a supply and demand issue, but because supply is just barely keeping up with demand, its a very sensitive price. No one here can predict whether or not shell will have to halt its Nigerian production again because of bombings like they had to do a few months ago and if something like that happens, prices will fluctuate a lot more than most commodities.

[Gaulkin]

The reason oil is down is because the banks reported better then expected earnings so the dollar is rising. This will be over in a week or two and oil will begin to rise again.