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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (633)9/23/2003 9:33:55 AM
From: isopatch  Read Replies (1) | Respond to of 109014
 
ns. If we can keep em from bombing pipelines in Iraq for

awhile, a million plus bbls/day exporting into the global supply pool should have no problem taking us right to 22-23 on that weekly crude chart.

Then, if that complex H&S takes over? It counts lower from there. That's one of a number of reasons I've just been fooling with a couple of special situations in E&P land.

Granted we have to keep an idea on ole Hugo in Venezuela AWA Nigeria. But, do think the balance of risk here is with increases in global supplies of crude oil.

Isopatch



To: nspolar who wrote (633)9/23/2003 11:41:27 AM
From: Roebear  Read Replies (2) | Respond to of 109014
 
ns,
Now that Barrick has sold it's 2 million shares it got from AEM (my assumption), if AEM can break 13.25 AND the HUI can maintain, this one is back to 14 in short order
(but certainly not on order of the shorts):

bigcharts.marketwatch.com

Part of my sudden interest in ZINC!
EDIT, it broke 13.25 while I typed this, let's see if it holds.

GGG Groovin',

Roebear


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