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  1. 406dn

    Anybody Buying Yet? Where’s the Bottom?

    In a nut shell, that's what makes a free market. At any given time, a price is the balance were a buyer, finds a seller, or vice versa. I'm willing to believe that presently, that's the price of oil. As recent events prove, the price can be very volatile, if there is any supply disruption.
  2. 406dn

    US and Israel attack Iran

    I just googled crude price and it's ~ $107/barrel.
  3. 406dn

    US and Israel attack Iran

    So, a question...for how many decades can future presidents blame Trump for any problem that might pop up?
  4. 406dn

    What are you guys paying for gas?

    Diesel is 4.099/gallon today.
  5. 406dn

    US and Israel attack Iran

    Concerning Markwanye Mullin, it takes about 10 seconds to realize he did not finish very high in his class. There's nothing evil about that, but it certainly does not make you the person to head DHS. He will make stupid decisions, maybe even worse than Noem. His chief qualification is he is a...
  6. 406dn

    “What good did I do today?”

    As I've become an old man, people hold the door for me from time to time. It is only right to thank them for their kindness.
  7. 406dn

    “What good did I do today?”

    I generally do favors, as they present themselves. It might be holding a door, being pleasant with service employees, tipping generously. I have paid the tab at restaurants for a family at a nearby table a few times. If it is feasible, I have packed elk meat off a mountain with my horses, for...
  8. 406dn

    What are you guys paying for gas?

    Diesel price this morning, as I drove to the gym...$3.899/gallon.
  9. 406dn

    US and Israel attack Iran

    We could bomb them endlessly, but to control the country, and its government, it takes an enforcement presence. Israel bombed the shit out of Gaza. They still needed to go in with troops, to gain any real control.
  10. 406dn

    US and Israel attack Iran

    One significant difference is that we have sold sophisticated military hardware to the Saudis, Israel, UAE, etc over the years. Presumably, that was for their defense against Iran. In the Ukraine war, there has not been a time where there was a reasonable prospect we would have our troops on...
  11. 406dn

    US and Israel attack Iran

    I've got CNBC on, before heading to the gym. Crude oil is up just shy of 50% YTD. We all know why. That will be a price borne by everyone in the world, for a while. We also know that it will end similarly to Iraq or Afghanistan.
  12. 406dn

    US and Israel attack Iran

    No, it shows a lack of respect for her, well earned.
  13. 406dn

    Anybody Buying Yet? Where’s the Bottom?

    Corb's lyrics illustrate the importance of oil. It will be needed and used for a good long time. So, I'd take a longer view of your stock. I used to trade XOM stock inside the company savings plan. I'd sell when it had a little run, and then buy more shares with a dip in the stock price. I...
  14. 406dn

    Anybody Buying Yet? Where’s the Bottom?

    If you had wagered that Noem would get her a$$ fired, you made some money.
  15. 406dn

    Anybody Buying Yet? Where’s the Bottom?

    My thoughts on bonds are identical to Warren Buffet's thoughts. I have held enough cash to make certain that I'm not forced to sell, when I'd prefer not to. Otherwise it is in various stocks. When I first retired, I was concerned about covering our retirement. Now thirteen years later, I am...
  16. 406dn

    US and Israel attack Iran

    I'm seeing now that Trump wants a say in who the next leader of Iran will be. He's not too keen on the son of Khomeini taking over. If we do indeed pick the next leader, be prepared for a lengthy stay to keep that government in place. I had some crazy dreams last night, but then I woke up...
  17. 406dn

    Anybody Buying Yet? Where’s the Bottom?

    My mindset is longer term, than whether XOM stock is cheap or expensive today. All of my stock in the company has a cost basis far below the current price. All I have expected from the stock since retiring, is to spin off a nice dividend, to help fund my retirement, which it has done. I expect...
  18. 406dn

    Runaway Horses and Bugling Bulls

    You put together a great story with your video. You might have had a similar problem, that I've had. One of my horse trailers has a minor short somewhere. If I leave the trailer connected to the truck, it will drain the battery over a span of several days. My solution, so far, is to make sure...
  19. 406dn

    What are you guys paying for gas?

    Diesel went up again. I paid $3.699/gallon this morning.
  20. 406dn

    US and Israel attack Iran

    Good question, the last one I can name is Yasser Arafat.

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