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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area
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To: Dale Baker who wrote (37058)3/14/2012 3:14:53 PM
From: FIFO_kid2   of 37387
 
Regarding the CEN news you have two factors working against you. First of all I construe the recent news as negative in the Oligcene because the porosity was only 12%. A rule of thumb: a commercial find requires a porosity above 15%. The second reason is macro related evidenced by the generally poor tape. The inflation sectors have remained under pressure for a month now because there has been negligible money supply growth in the USA during the past month.
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