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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (35614)7/1/2003 11:45:13 PM
From: rails99  Read Replies (2) of 74559
 
Hi Jay: Consider typical, previous history (not last two years): US oil majors always sell off after Memorial Day and rebound late in year. That said, I am not treating my PTR shares the same as I would other major oils. There very well may be a big shark lurking in the waters, who will buy even more shares; and make this trade somewhat like KO or G. I like the protected dividend (next quarterly ex-div is around 7/22 ?). I consider the security the the most lucrative large cap in the oil business ( JMVHO, and Note: I usually never hold securities as long as I should).

Best Wishes;
Rails
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