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I spend a lot of time on boating message boards, specifically off shore fishing boats. These are the NASCAR guys raised to the Nth degree.
A question I posted a couple of days ago refered to the disparity between crude oil prices, which are generally down, gasoline prices which have dropped like a stone recently, and Diesel prices which have been steadily inching up to an alltime high.
A lot of reason for this odd situation were given, and amoung them was the suggestion that I buy stock in the major oil companys. Their stock is doing well and my profits might offset the increased price I pay at the pump.
Here is the reply I gave to that:
"So the recommendation is to buy stocks in the oil companys to offset the additional costs of fuel. Back during the Depression when several infamous gangs roamed the southwest robbing banks would it have been a sane choice to have joined a Bank Robbery Gang in order to offset my losses in deposts at the local red-brick Savings & Loan? I may be ethically challenged at some level, but at least I can see poor logic when it stomps on my toe."
So tell me, did I do good?
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