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RVB's Market Musings

What began here as an avenue to interact and learn has far exceeded those goals.

If you are a prospective employer, please consider this site a place where you can see my passion for investing...

Wednesday, September 21, 2005

Oil's on the cover!

USA Today's website had an article showing an oil rig on it, talking about prices and Hurricane Rita. That's it, I thought. This price is too high. EVERYONE's jumping on board.

Then, I noticed that the Wall St. Journal also has an article on the opening page of it's Money and Investing section that shows a chart of crude oil.

Get ready. At least the risk/reward ratio is set up properly. Even if this isn't the top. I feel it's sooooo close. One could be wrong on this one, and still get out with minimal damage, but the potential reward is big. Real big.

1 Comments:

At September 21, 2005 8:47 PM, Anonymous Anonymous said...

Great blog! I have added it to my list,
and will check back often.

Best Wishes,
Ken
Cheap Gas

 

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