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To: JSB who wrote (54913)8/15/2007 4:19:14 PM
From: Dale BakerRespond to of 118717
 
Prices aren't being set by retail buyers and sellers, it's funds and program selling and futures stuff. They are swamping the usual action in many stocks I watch.



To: JSB who wrote (54913)8/15/2007 7:05:59 PM
From: Broken_ClockRespond to of 118717
 
"There have been many irrational moves
in the market, but how oil can keep
trading higher while the price of
energy stocks sinks is beyond me."
++++

Thanks to Matt Simmons and others(get the documentary "Crude Awakening") the Street has figured out one thing for sure...oil is THE one commodity going higher.

Oil service and producers with a great track record for growing assets are a no brainer.