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Was anyone here on DU smart enough to invest in oil stocks in 2000?

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Poiuyt Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:10 PM
Original message
Was anyone here on DU smart enough to invest in oil stocks in 2000?
We should have seen this coming when Bush first took office. Oh well.
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evlbstrd Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:12 PM
Response to Original message
1. Now is the time to get into alternative energy stocks.
Even the Bushies are doing that.
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Montauk6 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:13 PM
Original message
Is that why we always see * on a bike?
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evlbstrd Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:15 PM
Response to Original message
6. Yup.
He can't afford gas, either.
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Montauk6 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:17 PM
Response to Reply #6
8. Now you KNOW that's bad when JR Ewing can't get a fill-up!
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benburch Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:12 PM
Response to Original message
2. Smart enough...
But not rich enough. :(
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kittenpants Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:12 PM
Response to Original message
3. not in 2000, but I bought an energy fund
a few years ago that's really doing well. Should I feel guilty profiting off of *? I'd rather the fund did badly & * was impeached, but we are where we are.
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SteppingRazor Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:13 PM
Response to Original message
4. Dumped my entire 401k in energy heavy stocks right after 9/11...
But diversified last year. Couldn't take the guilt anymore.
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:16 PM
Response to Reply #4
7. same here
I had money in oil for awhile. However, with the increasing deaths in Iraq, etc. I found I could barely look myself in the mirror. So, I sold at a slight profit and walked away completely from the stock market. I'm now in CDs and I-bonds and money market savings account, all insured investments.

At least I don't feel like I am contributing to it now, which is fine with me.

GREED SUCKS!

:kick:
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Guckert Donating Member (946 posts) Send PM | Profile | Ignore Tue Aug-23-05 12:14 PM
Response to Original message
5. I bought because the Bush slime kept vomiting that if Kerry was elected
The price of gas would SKYROCKET. DUH!!! i guess they forgot about that...
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Jim Sagle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:20 PM
Response to Reply #5
9. They were right. Kerry WAS elected and the price DID skyrocket.
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mknmehappy Donating Member (47 posts) Send PM | Profile | Ignore Tue Aug-23-05 12:21 PM
Response to Reply #5
10. Yep.
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quiet.american Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:24 PM
Response to Original message
11. No. How could I carry a "No Blood for Oil" sign at protests --
-- and then log on to see how my oil stocks were doing.
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cosmik debris Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 12:32 PM
Response to Original message
12. Teehee, teehee, I'm retired now
I know some will say it is blood money, but I participated in the capitalist system by selling my labor, and that got me nowhere! So I decided to try a different form of participation.
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-23-05 01:01 PM
Response to Original message
13. HAL/KBR was on the verge of bankruptcy before their top salesman
appointed himself VP of the US.
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