Investors need to think first, and not put money randomly into oil stocks. |
Most people want stocks to go up all the time. We're back to normal and people don't like it, ... Investors that don't have the patience to ride through trading ranges won't be able to participate in the surge. |
The last three years has been a bull market that stands up against any one in history. |
The move up in crude oil price from $12 a barrel to nearly $31 a barrel has been really positive for oil stocks, ... The Fund that we manage has responded well to that. Every time oil prices fluctuate - retreating, and then moving back up --- that helps oil stocks. |
This whole year has been one of rapid sentiment reversals. For three weeks investors think things are OK and then the next three weeks people think everything is bad. |