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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (12987)1/10/1998 1:47:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Hi Glen,

I don't follow the oil service stocks, but I do follow crude oil prices. Brent north sea and light sweet crude have both been going into the crapper. This is very likely why the airline stocks have been moving so well in recent weeks. Would they pass their fuel savings on to the consumer? Hell, no. Just pocket the difference and keep on truckin', although prices at the pump have gone down some. (-...-)

To answer your question, I'm waiting for a buy signal in the crude market, but I would still not touch it. BTW, I'm not an advisor of any kind, but if you give me a symbol, I'll take a look and share my 2 cents gas pump savings with you.

GZ