I compared the price move since September 11 entry and the average price gains on big oil stock is 1.65% and RD is back to zero gain and bear is on RED selling on heavy volume. I am at break even so I am going to close my entry with zero gain for my effort. I will try again next week if there is a entry. GLTA
Went in 100% yesterday on rmarfl's note of market internal strength, Shell's pull-back compared to the relative strength of the other European majors (TOT, BP) and the size of the projected easing by the Fed. Currently looks like a good entry, but my finger won't be far from the sell button at close today.. I don't mind a modest one day gain (if it's still there at market close). Don't screw it up Ben. We'll see.. GLTA
oild, looks to be about normal to me, RDS up and other major oils I watch down. If the trend continues when CVX gets down below $100.RDS may get close to $70. Aw just joshing, but I still can't see why CVX has gone to $125. while RDS hasn't gained anything unless they believe CVX will rule the oil world. Maybe the RDS experts will get their heads out of the oil sand and into the game someday. Best to all.
I am very cautious here! I am still not convinced that there will not be a corrections before another sustained move up. I could be wrong! I will not be comfortable to enter until it gets in the lower 60's!
Ray - if you don't put the hook in the water, you'll never catch a fish. RDSa has been crabbing sideways since the second quarter results so I've been very placid about investing lately. A good entry will come so patience is my mantra - boring though. GL bud.