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KCS Energy, Inc. (KCS) Message Board

  • rogerjessee rogerjessee Mar 8, 2005 4:04 PM Flag

    Energy sector


    The entire energy sector is in the midst of a correction. Crude is toying with $55 and still a sell off. Everywhere, all I see is red.
    We've all been looking for this to happen sooner or later and it looks like the selling has begun. This is new territory for me...I mean a selloff in the energy sector with crude prices rising to new highs. I think the big boys are gonna shake the trees bigtime and of course everyone has been waiting for it to happen sooooo....could be rather deep. Hope I am wrong but even if I am right I'm gonna hold and watch the red numbers until it quits. Then we'll have a new base to start up from again.....may be a good thing. A lot of nervious people right now with their fingers on the trigger.
    Shallow or deep really doesn't matter to those who know they are holding a good thing. Let the players play and the weak hands fold. Come next fall I'm gonna take my better half and go to southern Italy for a month or so compliments of KCS and my good judgement. Don't get caught in the stampede.

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