just a thought.... but in a slowing growth environment.....I try to look for stocks with p/e`s less than 70 to preserve some capital when the sell-off occurs. who do you think gets hurt first, the high beta stocks But that`s just me hg
The fact of the matter is that while industrial demand for oil might be slowing, crude oil and product prices have softened from the marketplaces sensitivity towards warmer weather, and the expectations for continued warm weather. The supply side of the equation shows virtually little change from year ago levels in crude oil stocks, 319.7 million barrels vs 321.6 million barrels from a year ago. Nice try. http://tonto.eia.doe.gov/oog/info/twip/twip_crude.html
I am talking about right now, and triple digit returns. But hey, that's why there is smart money and the rest. Your original statement simply showed you know little about alternative energy & fossil fuel economics.