Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
coinits
on 11/12/2014, 01:18:11 UTC
Risto is and will always be just a speculator. His other delusions are just that.

According to definition, "speculation" is an act of foreseeing that an asset has a greater EV than PV+carry cost.

Being "just" a speculator is a decent income if you are even a little successful.

I think oil will be a good investment. I would wait for a bottom of $45 USD and then buy buy buy. The games that the west is playing with Russia is the root cause of this supposed 'glut'. Fact is there is no more of a glut now then when the price was at its high. Some serious money to be made off of crude.