Date updated:05-30-2007
From 5-29-7:
"What if oil gets clocked here? What if the inventory build is enough to handle the gasoline situation and the refiners will have their fill? Admittedly our insistence in using ethanol will still create bottlenecks, but what would happen if we really saw a peak in gasoline last week?"
I think I know what would happen: We would have an explosion upward in retail stocks, and you would want to get long destination places like Disney (DIS), and to a lower extent, Six Flags (SIX). Or just the casual dining segment that has gotten too expensive, by dint of gasoline, to casually dine: Darden Brinker (DRI).
First let me just say that no one believes in this theory other than yours truly. When I first propounded the idea that gasoline prices would peak with Memorial Day on the Today show, people laughed. Then they just outright exploded with guffaws when I said it on the morning show I hosted last week, Jim Cramer Live.
Gasoline prices going down is the one wild card that the bears simply aren't counting on.
I think they will be wrong ... again.
- Top Professional Portfolios
- 1. Fidelity Contrafund - ...
- 2. Navellier & Associ...
- 3. Calamos Advisors
- 4. Argus Management
- 5. Robert Karr - Joho Cap...
- show all
- Top Do-It-Yourself Portfolios
- » Joseph Russell Portfolio 1
- » Albo's First Portfolio
- » Darrell Werth Portfolio 1
- » Echo5Joker's Portfolio
- » jgroov Portfolio 1
- show all
- Most Viewed Portfolios
- » Warren Buffett
- » George Soros
- » T. Boone Pickens - BP Cap...
- » Carl Icahn
- » Renaissance Technologies
- show all
By Roberto Pedone Posted on Dec. 4, 2009 According to Jim Cramer, the bears need a new line of argument. He said the doom-and-gloomers have been very quiet of late, but...
By Fred Fuld Posted on Dec. 3, 2009 Everyone can appreciate the security offered by a regular income, whether in the form of a paycheck or retirement check -- or a divi...
Posted on Dec. 3, 2009 Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about it. The key is to gather as much in...
By Roberto Pedone Posted on Dec. 3, 2009 The traders of CNBC’s “Fast Money” think the path of least resistance for the stock market remains to the upside. On Tues...
A. Penny stocks web sites are full of scam
artists. I would stay away from them and
do your own research. db
A. The only one I own : SLX,
too hard pick a winner out all of them
Analyst Downgrades and EPS estimate changes for Dec. 4, 2009. Read more here. more
These are the stocks from Jim Cramer's Dec. 4 Lightning Round. We list the stocks on which he is BULLISH and BEARISH.... more
Here are some of the largest % gainers from Dec. 4, 2009. more












Comments not available