Will oil stocks continue to rise or start to fall off over the next 3 months?

I want to buy stocks tomorrow and hopefully sell in 3 months for a profit.

3 Comments. Posted by admin on Monday, June 29, 2009 at 12:31 pm.

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Thor says:

What is the problem, is your crystal ball broken?

Sorry, mine is cloudy.

If I knew that answer with any certainty I would be very very rich.

A total time frame that short makes it more like gambling and less like investing.

FWIW, while some things, like the credit crunch, are easing some, there are still a lot of large risks to this US economy currently.

June 30th, 2009 at 10:08 am
A nobody says:

Yes.

The market goes up and down, not up or down.

There’s no one that can answer your question with assurance. so my guess is it will continue to go up. The price of gas may not but I think oil will.

July 3rd, 2009 at 12:53 am
David M says:

Putting money you need in 3 months into the stock is a bad idea. If you want to make a safe 3 month investment, buy Wrigley. It sells for around $77.50 and is being bought out for $80.00. A guaranteed return plus a dividend or two. The buyout might take more 3 months though, but you could sell it and it most likely will be higher.

July 4th, 2009 at 5:24 am