termin-Al Posted August 29, 2005 Report Share Posted August 29, 2005 Man! I go a away for the weekend (LA) and come home late Sunday and there are 15 pages! I'll have some reading to do in the morning. Link to comment Share on other sites More sharing options...
Jimbo Posted August 29, 2005 Report Share Posted August 29, 2005 Katrina may be "Noise" but even noise becomes a tradeable event if its loud enough to startle the game (AKA day traders) out of the underbrush so that they can be slaughtered by the pig men in thier macintoshes weilding 12 guage shot guns (black box programs) The obvious play for Katrina was oil and gas disruption and shortage Particularly as the hydo carbons are showing definite signs of blow of topiness. Think they will go down after Katrina Dont think it will effect stocks or bonds Link to comment Share on other sites More sharing options...
Jimbo Posted August 29, 2005 Report Share Posted August 29, 2005 MAKE OUT BANDIT OF THE WEEK the guy who sold PetroKazakhstan to the Chinese for $5 billion plus The company was bankrupt when he took it over Shares 50 cents - sold to the chinese for $55 a piece Thats a 11,000% gain. Not bad not bad at all The truley outrageous profits are always made by the crazy who do outrageous things that sane investors wouldnt do. Remember that If it sounds insane its probably the best investment you will ever make Link to comment Share on other sites More sharing options...
Jimbo Posted August 29, 2005 Report Share Posted August 29, 2005 THEY ARE STILL GIVING THE OIL MAJORS AWAY The price of oil might have gove thu the roof but big oil still cheap Chevron 10 times earnings Oxy 8 times earnings Even if oil goes sideways big oil still needs to appreciate 50-100% to get back into balance with oil prices. The real market of supply and demand says oil is expensive But investors cant believe their eyes. Link to comment Share on other sites More sharing options...
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