On my right shoulder sits GREED: He is whispering that oil stocks are cheap, the fall in the POO is sure to be temporary. There is not enough capex, emerging markets are thirsty for oil, China is reopening. Recession induced decreases in oil demand are overstated. Greed tells me to strike while the iron is hot and buy.
On my left shoulder sits FEAR: He is whispering to me that trying to catch falling knives is a fool's errand. Energy prices always crash in times of financial uncertainty. Fear tells me to stay away.
Over my head float PATIENCE and CAUTION: They are whispering that I need to proceed slowly. They tell me to keep reading the IV Energy Investing board and to listen to my favorite podcasts. They tell me to watch the POO and make sound, well thought out decisions.
I am a little concerned that I am hearing voices
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patterj