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Strategies & Market Trends : Strictly: Drilling II

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To: isopatch who wrote (12380)5/14/2002 6:14:46 PM
From: isopatch   of 36161
 
API report on crude and product inventories is in.

Pulled these off CBS Marketwatch timed news releases. They always use caps.

<5:31pm 05/14/02
ANALYST: API REPORTS 2.1 MILLION RISE IN GASOLINE STOCK

5:31pm 05/14/02
ANALYST: API REPORTS 7.4 MILLION DROP IN CRUDE STOCKS

5:32pm 05/14/02
ANALYST: API REPORTS DISTILLATES UP 1.6 MILLION BARRELS>

Looks bullish on balance, IMHO. If Mr Market agrees with moi, tomorrow should be another day of gains for the energy stocks.

Iso
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