maplesyrup Posted October 11, 2004 Report Posted October 11, 2004 Bull market in oil poised for correction What is they say about investing? The Bears make a little. The Bulls make a little. The Pigs make nothing. Are we about to see a repeat in this famous, well used and accurate expression? If the price of oil does crash, or correct itself, what impact will this have on our Canadian economy? What precautions if any can Canadians take to weather what appears to be this gathering storm? Quote An education isn't how much you have committed to memory, or even how much you know. It's being able to differentiate between what you do know and what you don't. Anatole France
caesar Posted October 11, 2004 Report Posted October 11, 2004 I don't think it will be very disruptive. Most of us will be celebrating. Albertans will have to wipe off that big smirk. Any wise investor spreads his investments over a larger sector. Prices will go down but really nothing drastic. I will have a big smile of relief. Quote
playfullfellow Posted October 11, 2004 Report Posted October 11, 2004 Caesar, thats why we have the Heritage Fund. Quote
maplesyrup Posted November 9, 2004 Author Report Posted November 9, 2004 Oil price dive deepens as supplies swell Oil prices slid more than a dollar to 7-week lows on Tuesday as growing signs of ample supply eases concerns over fuel stocks for the northern winter. Some folks are just good forecasters, aren't they! Interesting how the dolla, price of gold, and the price of oil are jumping around these days. One might almost suspect that they were being manipulated. Quote An education isn't how much you have committed to memory, or even how much you know. It's being able to differentiate between what you do know and what you don't. Anatole France
ticker Posted November 9, 2004 Report Posted November 9, 2004 thats why we have the Heritage Fund. you mean a liberal money grab target. the fund is like waving a red flag in front of a bull. Quote
JWayne625 Posted November 20, 2004 Report Posted November 20, 2004 Governments of all stripes are crying along with every one of us over high oil proces. The difference between their tear's and mine is that mine are tears of sorrow that the additional money I am paying at the pumps, much of it is going into government coffers, while government is shedding tear's of joy thinking about the windfall of money, that they can now think up ways to waste. Quote
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