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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (244)7/23/2005 9:59:42 AM
From: anyer  Read Replies (2) | Respond to of 50650
 
Lee Raymond;eat your heart out!
money.iwon.com

Oil is cyclical; no one disputes that. The characteristics of the cycle has changed because of demand and the ageing of the large fields.It would seem to me that barring a major demand shock[ bird flu, war etc.], one should maintain a bullish bias. Dips will be shallow until something on the demand side radically changes. I will stay long E&P stocks on a trading basis until some cheap alternative energy play arrives.

Bought a bunch of GW and PDC yesterday.Also got back in VLO with earnings coming next week. All time high in short interest on OIH and OSX according to Schaeffer's. Looking to buy RIG, TDW and WFT monday.

I appreciate the boards attention to gold and silver and do sense these will be big winners;yet I have been disappointed in the action of the stocks. Will look for breakouts on Big Volume only.

Thanks to all![on edit I can't figure out why everything is underlined;not my intention]