The ''Magnificient Seven'' ? & The ''Spy'' who Shagged me....
First I get continually ''Shagged'' by our ''NSA-type'' informally educated, former intel man, the one and only Internet Legend himself; Mr. Cityscape - the pied piper of Cut & Paste Research.....the ''SPY'' who loved me - SargeK.
Then, Mr. Pom-Pom himself; the self-proclaimed Biggest Bull, Mr. Cheerleader wanted to ''play'' - now he's been sent out to pasture - minus his manhood...is a Horse called a ''gelding'' ? What is a neutered Bull called ?
Now the -- ''Post Patrol'' ?
<< A group of seven investors. 90% in oil >>
Trust me; If the US Military came after me - they'd send more than just SEAL Team 6, If Bin Laden wanted some action - more than 1 cell, if the Irish Republican Army wanted some of this - all the O'Malleys & Shaughensey's couldn't do the trick... The ''Spy'' couldn't shag me alone, teaming to form the "BS" alliance and they still can't do it ; now it takes a group of 7 ?
....ahhhh, nothing like the power of ''ink'' . Actually, a well placed thumb, placed in an electronic ''Dim Mak'' fashion, on an emotional hot button, is the true root of all evil. I merely wish to push you Blind Bulls into an emotional buying frenzy, so that I can move over to the darkside and take all your money once again (VBG).
Did the ''BS" dynamic duo think that their triumverate of FGI, GIFI, UFAB all being in the ''RED" yesterday on a total up day for the sector, was by mere accident ? Hoooo - Hahhhhh; the Darkside has the power.....want some more pain ? - "We" merely knocked on a few doors yesterday - these 3 were mighty weak by the way...(VBG).
Neither the Bull-Sarge ''duo'' - which here to for , shall be aptly referred to as the ''BS" Patrol, nor the Magnificient 7 has the power to hit the 92 mph "cutter'' on the edge of the plate.... when properly placed; it indeed is the unhittable pitch.... truly, you can't touch this (VBG) !
Now, on topic.
HAL - within a buck, or two of its May 1998 high ! - Back then Q2 1998 earnings est. were for .51 cents; this year - .19 cents; and you want to be buying, or even holding stocks like HAL - ''here'' ? If there EVER was a case for profit taking ''logic'' and NOT ''emotional'' holding on the hopes of going higher and higher - it is NOW !
...remember;
Pigs get Fat; but Hogs get Slaughtered
Don't Get Greedy !...we know what happens to ''Blind Bulls'' by the way as well (VBG).
MRL, ESV at these prices ? SII, CAM ?
You want to hold and ''not'' take profits here in these stocks - going into an OPEC compliance report - which is the last major good news event untill the next earnings period in 3 months ?
Compliance is allready a know fact for the initial period here. How many times has the Street sold off into a ''Good News'' event ?
Think ! - these Institutions - can ''make their year'' here; by merely locking in these profits from the last 30 days alone (hedging/shorting - for the Hedge Funds). Do you really ''logically'' think that there will not be a mad rush for the door - once we get in ?
Do ''you'' think that ''you'' will beat the Institutions out the door - once it flies open ?
Did the OGJ article about the disparity in Crude Futures Trading (no shorts left - total speculation frenzy) not give you pause ?
Have all of the quotes directly from the Oil Pit Traders themselves - commenting on the ''speculative'' nature of futures - not give you pause ?
Did the warnings by Yammanni on ''too much - too soon'' and the incentive to cheat, not give you pause ?
Has the sheer, cold, stark reality of the incentive to cheat here - not given you pause ?
Has the fastest, largest spike in Oilpatch prices EVER - not given you pause ?
Has the fact that the OSX is now selling at higher PE's than the DOW average in many cases, not given you pause ?
Did Baker Hughes warning of still falling rig utilization, dayrates and earnings, not give you pause ?
Did the Oil Majors ''doubts'' of the sustainability of Crude Prices not give you pause ?
.....Tales from the ''Darkside'' :
...SLB good for near a ''Darkside'' $1 Buck at the open, HAL a $1 chip shot; CAM SII SLB be the slow moving bovines here; MRL has a buyout premium built in here - looking shaky.... pushed on that ''door'' again today at the open - got my ''foot in the door'' today folks... We are at the Door and the crowd is building behind me (VBG).... listen for those footsteps - ''WE" are coming !
PS - diana g; make yourself usefull - be a good girl friday; bring me another electronic cup of coffee - will ya ( V V V V V VBG ! )
your pal,
$lider |