Exxon Mobil (XOM) Message Board

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Gold/Mining/Energy : Exxon Mobil (XOM)

XOM 117.23

+2.4%

Nov 7 3:59 PM EST

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To: Drygulch Dan who wrote (223)	12/17/2009 10:17:14 AM
From: Drygulch Dan	Read Replies (1) of 585

Its only just past 10 AM EST and more that half the daily volume has traded today, already. Stock is resolutely climbing, inching back against the trend. The trend has been downward for about 2 weeks. Obviously there has been some anticipation of this stock falling reflected in the early weakness of this stock. The news released on Monday, was frontrun by a lot of trading activity. People who expected it to go down, participated in the self-fullfilling exercise. Now the momentum seems to be turning. I suspect there will be some capitulation buying soon in response.

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