the key to my success was I found a mutuial fund that was always in the oppisite mode of my oil and gas stock so when my company stock was high I would sell it and but the mutual fund since it was real low..............then the price of oil and gas would drop thus making the mutual fun escalate so I would sell it and buy the oil and gas stock back when it was low............by doing this I had a win win deal every time.....................company stock would be up say 3% and mutual fund down say 3% so one move would net me a 6% gain in the end


Bottom line to remember is what goes up must come down................get out before it does

 

I just checked todays activity and I lost 1700 bucks........however I didnt sell so I didnt loose anything

So tomorrow if the price goes up it needs to gain 52 cents befor I can be even with where I bought in at.........then maybe make some money ...maybe


I remember when hurricane Katrina was in the works.............I was in oil and gs stock (usually am for hurricane seson) anyway I pulled up a weather map showing the hurricane in the gulf of mexico...........I asked my boss if he wanted to see our stock forcast........I know the hurricanes are a sad deal for all mankind but just like the old saying goes...................."if they hand ya lemons then make lemonaide............ssure make a crap load of money off Katrina

 

huh ...................................who would have ever predicted this ......its all about supply and demand


LONDON (Reuters) -- Oil held around $70 a barrel for a third session Friday, as the market focused on falling gasoline inventories in the United States and a decline in crude stocks in a key delivery point in the world's top consumer.

U.S. August crude oil rose 70 cents to $70.27 a barrel in electronic trading after reaching its highest settlement since late August 2006 and breaching the $70 mark during overnight trade. London Brent crude rose 66 cents to $71.18.

 

wow ..who would have ever guessed that oil opens up this mornin about a percent and a half higher...............wonner whats in store here

http://money.cnn.com/data/commodities/index.html?

 

HUh.........opens up $1.17.....................



Prev. Close:76.70
Open:77.98
High:77.98
Low:77.43
Volume:205,200
Volume Avg.:11,653,800
52wk Range:54.90 - 81.40
Market Cap (mil):127,221.70
P/E Ratio:8.25
Dividend Yield:2.11%

 

July 2nd from the news

Oil steady above $70; terror risk considered

In holiday week, traders await inventory report expected to show higher fuel production in the world's top consumer.
July 2 2007: 6:02 AM EDT


SINGAPORE (Reuters) -- Oil prices steadied Monday, the start of a holiday-shortened week, as traders looked ahead to a recovery in U.S. refinery use to offset declining gasoline stockpiles.

U.S. light crude eased 13 cents to $70.55 a barrel in electronic trading, after a $1.11 rally Friday to the highest settlement since August 2006. London Brent crude traded 9 cents lower at $71.32, after gaining 89 cents Friday.

Special Reportfull coverage

Gas prices below $3
Oil steady above $70; terror risk considered
Ethanol demand spurs corn crop
Retail gasoline price dips below $3

Oil traders worried about geopolitical supply risks saw London's Heathrow airport and New York's JFK terminal reopened Sunday after bomb scares, following an explosion at a Scottish airport Saturday and failed car bombing attempts in London.

"We can see some profit taking after short covering brought the market up to $71," said Ken Hasegawa at Himiwari CX in Tokyo. "The market will be rangebound until the U.S. holiday."

 

couldnt stand it................just bailed.....took a 4% + profit share and checked out................will get back in next week when the price drops again

9600 bucks fits in my pocket better than theres

 

9600 bucks? 4%?
You had 240k invested there!
If i had 240k, i could retire right now at age 38....

 

wouldnt last long.............I wanna get a total replacment for my wage then check out.....................more good moves like this last one and I will make it

 

oil 71.09 bbl now

http://money.cnn.com/2007/07/02/mark...reut/index.htm

NEW YORK (Reuters) -- Oil prices rose to 10-month highs above $71 on Monday on expectations that recovering refinery operations in the United States and ongoing supply restrictions will cut into global oil inventories.

Analysts expect weekly U.S. oil data on Thursday to show a decline in crude oil inventories as more U.S. refineries resume operations after an unusually long and extensive spring maintenance season.