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Denbury Resources Inc. Message Board

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  • harehau harehau Jul 7, 2010 3:55 PM Flag

    ECRI Indicators Update

    Ruellia, even if earnings are at $70 at an average mutlitple, the market at 1000 to 1100 was reasonable. Prechter's ridiculous call for Dow 1000 didn't help the fear factor. Amazing move from yesterday, heeded your call on oil and took a some off the table. This resolution is not over. Think about what would happen if Obama came out and said we are going to support business so we can produce more jobs, we'd be up a 1000 points.
    Harold

 
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