SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Ox who wrote (17392)12/2/2015 8:14:56 AM
From: isopatch  Read Replies (1) of 33421
 
<Question is how far out in time are we looking.>

We can only offer our respective guesses. Hopefully educated ones..))

Seriously, per prior post to Bob, am expecting another counter trend rally in the sector, but this is a very powerful primary bear trend. FWIW, my most optimistic read is we'll see oil & gas prices begin to firm in the 2nd half of next year. So, may do some buying sometime in the 1st half of the year, depending on the tape for specific stocks.

One of the things to keep in mind is, even if we look only in the U.S., the various oil and gas producing regions have not all traced the same trajectory. In natural gas, the Appalachian Basin wet Marcellus has some of the best economics. Consistent with that, EQT (a major independent with it's business concentrated in the Basin) has been one of the last to break down. So, need to see lower lows in the that one.

Many other specifics. Too many to put into even a series of posts. Besides, can't show all my cards..))

Iso
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News