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Old 08-13-2008, 03:28 PM   #4
Over59
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Profile:  1959 26' Overlander
1968 17' Caravel
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Quote:
Originally Posted by bizcamp View Post
The recent high (over $4/gal.) and credit crunch from the mortgage industry have coincided to slapdown RVing temporarily. Look at the stock price comeback in Winnebago Industries in the last few days...
Credit is coming back to the market and gas is coming down...
We should be in the $90-$60/bbl which should be $2.25/gal. equivalent soon...
If you need a good price on a TV or RV go get'em now!

Don't worry about the price of gas long term just buy the oil companies or the DIG ETF and that should hedge the price you pay long term.

Be Smart,
BIZCAMP
I think I would wait until a good bottom happens. But you are likly right. Americans will go right back to driving faster, further, and more when it drops below $2.85. We all know what happens next..
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