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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (161807)6/1/2009 3:25:04 PM
From: Veteran98  Respond to of 313036
 
IAE starting to cook now :):):)



To: marcos who wrote (161807)6/1/2009 4:49:53 PM
From: marcos1 Recommendation  Read Replies (3) | Respond to of 313036
 
iae.v - heh heh ... Red was right of course, there was overhang, it's taken quite a bit to chew through it ... there will be overhang soon in the 1.20s too, just watch, i may be part of it, that's my double area and it'll be tempting to at least cut net cost ... on the other hand, as somebody mentioned, Ithaca looks like the closest thing to a replacement for Oilexco, arguably with better timing as well

ogr.v - overhang here for sure ... anytime something moves up there's supply coming from those in lower, especially around their doubles areas, these are added to all kinds of normal selling plus some from folks getting out even on old buys ... there's always some sort of supply, trick is to gauge its weight against demand in weeks to come, not so easy, but i like the feel of both of these right now

gm - can you still get certs i wonder ... can't be much value in the common beyond souvenirs

[edit] - oops this was to go to Vet98's reply to above post, of course