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To: Henry J Costanzo who wrote (132383)5/4/2006 1:16:49 PM
From: Galirayo  Respond to of 209892
 
[USO Oil ETF] And the New Crude ETF should take the Pressure off the Drillers and the "Service" Sector because they are not going to slow down. They are Backlogged.

There is no reason to keep them joined at the Hip today.

The Market will figure it out soon. It always does. ;)

stockcharts.com



To: Henry J Costanzo who wrote (132383)5/4/2006 3:34:42 PM
From: IHateSourCream  Read Replies (2) | Respond to of 209892
 
mc,

If I may enlist your expertise here -- how far do you expect crude to drop? High sixties? Low sixties?

Nice move in QCOM eh? <g>