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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (14808)6/2/2004 2:42:28 PM
From: Eva  Read Replies (1) | Respond to of 110194
 
Hello

<<that I am buying June calls on E&P cos.>>

I hope you don't mind me asking, what is : "E&P

Thank You
Eva



To: Knighty Tin who wrote (14808)6/2/2004 2:55:00 PM
From: Crimson Ghost  Read Replies (3) | Respond to of 110194
 
When gold or oil diverges greatly from gold or oil equities for a substantial period, my experience has been that the commodity usually follows the equities, not visa versa.

The major low risk buying opportunity in the OSX will occur AFTER oil prices crack, not before IMHO.