Winning asset class for 2009?

[Canadian]

Originally Posted by trent

I don't think we'll ever see oil below $30, but you keep dreaming and if you wake up one morning and oil is at $80 don't panic .

I'm sure he'll panic

[Wadhwani]

I think oil might cross even $70 and this looks good time to invest in oil. Its my prediction.

[trent]

Originally Posted by Wadhwani

I think oil might cross even $70 and this looks good time to invest in oil. Its my prediction.

I also think that oil will be higher than $70 by the end of the year. I wouldn't invest in oil right now though, as I expect it to correct from here.

[Rickson9]

Originally Posted by trent

What do you think will be the winning asset class in 2009? Share your thoughts on the subject and let us know how are you planning to invest in 2009.

The stock market is doing well YTD.

DOW +11.9%
S&P500 +18.3%
S&P/TSX +27.9%
NASDAQ +35.1%