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


To: energyplay who wrote (68754)8/7/2006 12:05:20 PM
From: energyplay  Read Replies (1) | Respond to of 206093
 
Bloomberg just talking about this right now. Some traders on the phone to people in the field say whole pipeline may need to be replaced.

BP to have press conference soon today.



To: energyplay who wrote (68754)8/7/2006 1:35:52 PM
From: maverick61  Respond to of 206093
 
no guts, no glory - lol

No, like I said, I rarely make daytrades anymore - but every now and then I capitalize on some news in the pre-market activity.

Didn't see much risk buying BPT pre-market in the 60's - knew I would sell it shortly - but that doesn't mean I would want to hold BPT now until all the news is out and the full impact of it digested. At $79 - the risk / reward ratio doesn't seem favorable to me