Good opportunities come and go. At the end of the last week we could see the energy sector dropping significantly for whatever reasons. On Friday the prices were 30% lower than only 10 days earlier. This was an excellent opportunity to buy into the shares/funds that have great dividends. I'm so sorry I could not get a piece of action as, coming back from holidays, I did not have any funds ready to invest. Even a small amount would help a great deal as the last time I bought into the energy sector the prices were 30% higher. This would have averaged the investment making me feel less bad about that decision. :)
Today, the energy sector is 8% up already. I reckon this will be a fast return. There are views that this is the end of the credit crunch and the current crisis. The long-term average is very close to the current levels and I reckon it will take another week to equalize. This will technically mean we are moving from phase 4 into phase 1, the start of the bull market. This might be a bit too soon but that's better than a bit too late. :)
Happy investing.
Today, the energy sector is 8% up already. I reckon this will be a fast return. There are views that this is the end of the credit crunch and the current crisis. The long-term average is very close to the current levels and I reckon it will take another week to equalize. This will technically mean we are moving from phase 4 into phase 1, the start of the bull market. This might be a bit too soon but that's better than a bit too late. :)
Happy investing.
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