Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: GREENLAW4-7 who wrote (29926)	7/2/2001 4:58:14 PM
From: GREENLAW4-7	Read Replies (1) \| Respond to of 37746

Why I buy crude as MANY sell.....I am a CONTRARIAN investor that goes against the trend. I pick a place that I feel is close enough to a bottom or top and then I begin to set positions. Over the last several years I have been very successful trading the channel in the OSX and mostly to the short side. I was buying OSX stocks when CRUDE was at 10 BBL, and also bought LEAP CALL on OSX stocks at the bottom. I find the recent pullback one of the best entry points for a long trade in a while! Look closely at SLB, APA, and ESV. Look where they were trading when we had 15-18 BBL crude........higher then where they trade today!! Good luck