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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (6307)	4/25/2001 9:20:47 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

LOL- Those darn oil companies. Somebody better stop them from making so much money. <g> That reminds me of a conversation I had with my wife's aunt from NY late last summer. She was complaining about gas/oil prices. I told her that it was OK by me, and she asked me why in the world I would be satisfied with higher oil prices. I told her I owned oil stocks. <g> I also asked her how she liked her next senator, Hillary. She slugged me on that one. LOL I took some profits on oil stocks late last week. They look toppy here. I think we may have seen the highs in oil for a few weeks.. BWDIK.

To: Lee Lichterman III who wrote (6307)	4/25/2001 9:41:00 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

BTW- What's your read on crude here? Looks to me like it's been unable to break thru the downtrend from last fall's highs- tfc-charts.w2d.com

To: Lee Lichterman III who wrote (6307)	4/25/2001 12:45:37 PM
From: dawgfan2000	Respond to of 52237

OT >>I think it is sadly humorous that everyone is mad XOM et al are making profits here and are being accused og gouging when no one cared they were all losing money and about to go under when gas prices were low a few years ago.<< Sure Lee, that about sums up how I feel about raising income taxes too. I mean, the governments are entitled too, right? -g- >>People seem to forget these are businesses, not charities<< I would submit that most investors forget that as their portfolio rises, we have all been holding the bag as consumers who spend the money at these companies, buying their products, increasing the profit line. I guess the price gouging would be more evident if the pump price was still increasing back when crude was dropping below $15/barrel. I certainly don't begrudge any company their profits and XOM sure nailed their merger with Mobil. But I am not naive enough to think that there is adequate manipulation in the oil business too. cheers,