Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Gary105 who wrote (88135)	6/19/2009 7:06:01 AM
From: axial	Read Replies (1) of 94695

"I took a lot (at least for me) of money/profit off the table yesterday in oil drillers. BWDIK" --- Me too. Despite being a bull since last October, I'm out. Don't know what's going on with energy stocks - they're 'way ahead of fundamentals. Oils are in the stratosphere, but supply is cut back, demand is low, inventories are sky-high, and there's absolutely no sign of a significant near-term demand rise. Ditto NG. Don't know the reason, can only guess. It's all being driven by futures. Message 25721005 This looks like a bull trap but like you say, WDIK? Jim

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