Quote:
Originally Posted by MRM
Oil and mining companies, including processing and transportation, are poised to do well. Picking the orchid out of the coal mine of those stocks is the trick. I don't know anything about that, but Sammy does. I'm thinking his stock tips in this environment are likely to be pretty good. .
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I used to think the same thing, til the industry went south.
Turns out I was good at predicting upward movement but failed to predict a huge down turn.
The entire industry tanked and I didn't see it coming.
I lost lots of $$$, as did others who listened to me. From that point on I stopped giving investment "tips".
Evidently, it's easy to be an investment guru when everything is going up.
Now I only occasionally share what I'm doing with lots O'disclaimers that I should not be listened to cause I just guess.
So if anyone asks what oil company they should invest in, I just say "buy apple"