The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: re3 who wrote (12927)	4/30/2004 8:17:02 AM
From: Wyätt Gwyön	Read Replies (1) of 110194

yes, it was interesting that every single oil stock i own was down yesterday. quite a coincidence, it being Exxon's earnings day with record earnings and all and "beating the number". but i have been too busy buying gold stocks this week after a long hiatus to fret much about oil stocks. Anadarko out this morning, "beating the number" by 24% on EPS, and by 10.6% on revenue, so maybe some more carnage :) yesterday the Saudis informed the world of their "quite reliable" information that they happen to have 4.6 times more oil than anybody officially thought before, which magically doubles the world's remaining reserves. in response to this "bearish" information, crude futures are hitting a 3 1/2 year high today in London. percentagewise i have more crude futures than i do oil stocks. i listed my stocks, which do not reflect any particular allocation genius, below. Message 20009023

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