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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (13173)2/24/2022 10:35:42 AM
From: robert b furman  Read Replies (1) | Respond to of 26862
 
Thanks,

Most appreciated coming from you!

CVX opened up 2.00 plus as WTI toyed with $100.00.

Then sold off to be down 2.00. Just shows how much panic selling goes on during a general market sell off.

Sell first to address fear, then think about was it correct.

I keep telling myself, the E&P's are pulling in more revenue as long as crude goes up. The profits will take care of themselves - especially after being forced to run so lean the last 2 years.

Looks like we're stabilizing now.

I still expect the clx to give all those sellers remorse by Monday/ Tuesday at the latest.

Bob