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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: quehubo who wrote (65798)6/12/2006 10:00:09 PM
From: Bernie Diamond  Read Replies (1) | Respond to of 206326
 
<<The only thing this proves is that the stocks have been moving by fast money and few believe in the energy picture over the next 2-3 years.>>

Spot on! Fundamentals are out the window as hedge funds, and their ilk, batter energy stocks unmercifully. If you believe in worldwide supply/demand metrics and the increasing profit margins in our sector, patience will be rewarded. Fed credit tightening and inflation fears are overblown!

Staying long and strong.