Friday, July 30, 2010

When will oil prices go back up?

I really hope oil goes back up like it did last year. I own some oil stocks and they went up a lot when oil was high, but I was dumb and did not sell so now they are back down!!When will oil prices go back up?
When the economy recovers and the enormous supply we have in inventory is reduced.When will oil prices go back up?
Who knows? It appears that oil may reach $60 soon. Here's what you do though. You can make up for some of the loss by investing in DOY and UOY both. One makes money when oil goes up and one makes it when it goes down. I would buy the oil up stock if it drops a little more. If it goes up rapidly, buy the oil down stock. Play the short term ups and downs like that and you can sell those other stocks. Good luck
it actually seems to have stabilized. My question is, will it STAY this way!!





O-Bot has virtually no impact on Oil, but he will take credit anyway.





This is how this goes.





Speculators need to not do that anymore, its so dumb.... ';USE WHAT IS USING NOW NOT 3 MONTHS FROM NOW USE THE RESERVES THERE DAMMIT!*
Well oil is in a short term uptrend. But I just can't see how oil is going to be a good long term investment.





Oil is running out and we are slowly switching from it to better alternatives so in 15 years it may only be that thing that old ';classic cars'; run on.
Go ahead and sell now. I don't think they want to risk a big new spike. Plus, with the new fuel resources being discovered, it might go down!





Sorry man :(
yeah ask yahoo answers this question; because everyone on here is very smart, and every answer is correct and informal.
Well, they're slowing rising the prices.

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