PDA

View Full Version : oil drillers


deepinwonder
11-16-2005, 09:17 PM
... just had a big run up, the past couple of days. The oil report comes out every Wednesday and changes with the wind, be careful you don't buy into these too high. Boo yah.

deepinwonder
11-17-2005, 11:32 AM
Actually dropping with oil up, they saw their tops this week, imo. I would wait for better entry points, personally. Cramer should have mentioned that, he knows damned well.

deepinwonder
11-17-2005, 12:39 PM
Even though these go by rig rates rather than the price of oil, they usually trade along with it, unless they've been overbought or sold. fyi I've been trading them all year and there is money to be made, but you have to time them right or you might lose your butt. Sorry to go on and on about it, but he gave the bull sign last night and I know a lot of people just started watching. I have to run... boo yah!