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Rough Weekend for Oil
Old 02-20-2006, 05:06 PM   #1
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Rough Weekend for Oil

More problems in Nigeria,* Iraq restless,* the Osama show part three brazillion, cold weather, and more to come all coupled with oil that some say got*oversold last week. That points to a couple of bucks up and soon.* IMO.
Possibly a good time to throw some bucks at DESC, ABP, PXJ, XLE and ENG.*
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Re: Rough Weekend for Oil
Old 02-20-2006, 05:51 PM   #2
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Re: Rough Weekend for Oil

Oil will be all over the map for the next few years primarily based on speculation of oil traders. Six Flags anyone?
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Re: Rough Weekend for Oil
Old 02-20-2006, 06:52 PM   #3
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Re: Rough Weekend for Oil

Natural resources and energy ETFs had a good day on Friday. It seems that Tuesday will also be a good day.
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Re: Rough Weekend for Oil
Old 02-21-2006, 10:10 AM   #4
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Re: Rough Weekend for Oil

Energy funds are making a big comeback. All we need now is more news about shortage, increased demand, social untest in the oil producing nations, terrorist attack, aliean invasion, etc.
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