Friday, October 10, 2008

Hold on to Green Energy!

Oil is dropping..is this GOOD or not? I say it can be a great thing. Here is why.

Cheap oil will put a short term hamper in alternative energy investment. Of course it does not eliminate the incredible potential of this space but i believe it may lead to consolidation. the market needs stronger players and a focused approach. Consolidation will mean the sharing of new technology.

More powerful market players and shared technology is the best thing that could happen to the industry.

Additionally the government will include energy investment in any stimulus package so hold on to your hats until January February and we should take off again.


My 2 Cents
Phil

Is there such a thing as a godo investment right now?


Where do we go from here? Positive thinking LOL!
Oil is returning to natural levels.

In today's market i believe staples are the only way to go, preferably those with dividends!
With low oil prices i would say shipping firms like UPS and Fed Ex would be good plays perhaps airlines.
Also any other industry that rely heavily on shipping costs. (walmart has taken a hit but i believe that is a market trend not an earnings trend)

My 2 Cents