| Author | Message | ||
     Kubang Celebrity Bewarse Username: Kubang Post Number: 34435 Registered: 09-2011 Posted From: 161.141.1.1 Rating: N/A |
yes there are definitely headwinds for the sector and also crude can go to $35 before it goes higher. problem with renewables is sun doesn't shine, wind doesn't blow 24x7. oil & gas sector will survive, of course best managed companies thrive and some weak ones will go bust. Lack of capex in the last few years will catch up and it's only matter of time before crude jumps back to 60s. I am not suggesting to go all in but take small positions and average up or down. when everyone is afraid and talks down oil, that's the time we should go all in. Ignorance is bliss |