CVN 10.8% 16.5¢ carnarvon energy limited

emotions over reason, page-14

  1. 13,252 Posts.
    the schoomers where around in August to if you got out
    and never stayed in what would you have missed out on.
    Correction or not good solid companies with good earning potential may get touched up but they will go on making money especially when they produce non discretionary items such as Oil. At this moment in time Oil is becoming a scarce commodity and peak oil production may have already been reached so that commodity becomes more valuable.l only say that as all of you would notice at the petrol pump
    $1.50 a litre for premium unleaded last night. So what do you park your money in who knows but l think energy gas oil uranium will probably be the least affected in any correction or market downturn as people still drive cook need electricity so Schoomer you may be correct in simplistic terms and have to look hard at your own portfolio and see where potential growth can come from. But to sell everything and bury your head in the sand
    is not an option as money can be made both ways with shorts or longs.

    P.S Harlee did you say F--k when you fell on your A-ss off your horse.
 
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