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Non-Tech : Kirk's Market Thoughts
COHR 188.98-1.4%Dec 29 3:59 PM EST

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To: robert b furman who wrote (5692)4/20/2018 7:34:25 AM
From: Jerome  Read Replies (2) of 26881
 
Stock watch.........while many investors are focused on GE today (and rightly so).....their attention should also notice that WTI (Crude) is about to breach $70.00 a barrel.

My opinion is that many oil stocks will jump significantly when that happens. $70.00 is a important psychological milestone on the way $100 a barrel oil. This AM WTI is at 68.40.

We all have our favorite oil stocks, so not much point pounding the table on any particular stock.

A good quotation about this matter comes from Johann Wolfgang von Goethe about 1800 he wrote......

" to know something and not to act on it, is not to know it."

Have a good day....Jerome
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