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ATTENTION
Wall Street Journal Readers

Your FREE LIST of No-Load Stocks

Commentary

7/21/08
Don't Bail On Quality Energy Stocks

Charles Carlson, CFA
Editor, DRIP Investor Newsletter

I’m always amazed how quickly investors can change their tune about a sector. It was only a couple of weeks ago that oil was going to $200 per barrel. Everyone knew that, right?


But after three days of sharply declining oil prices, everyone knows oil is going to $80.


The truth is that nobody knows for sure where oil prices are going, and to speculate and make market bets on the notion that you know where oil is going is a fool’s errand.


 


Read more . . .