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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

People Are Rich(er), Where I Live

RaginCajun Sun Apr 6, 2008 8:03pm EST 3 Comments

We have oil, and lots of it.

The city I live in was built on oil, just about everybody I know works for an energy company. 401K are ripping as many independent oil and gas companies are hitting new highs everyday.

People cheer when gas price move higher, they love to see natural gas in double digits, they threw parties when oil hit $100, it’s quite unreal actually. Matter of fact, our economy is the exact opposite of yours.

Here are a few local picks:

Prior post, banking coin in Louisiana

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3 comments

  1. dilligafs
    dilligafs
    April 6, 2008 at 11:09 pm

    Don’t forget that unemployment is damn near 0.

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  2. RaginCajun
    RaginCajun
    April 6, 2008 at 11:28 pm

    true

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