Edited by xD&Cox, 06 February 2007 - 10:43 AM.
Oil Services earnings coming very strong
Started by
A-ha
, Feb 06 2007 10:41 AM
2 replies to this topic
#1
A-ha
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Posted 06 February 2007 - 10:41 AM
and gaps and craps are also very strong....I am hoping i am being clear here...
i am short BHI massively, earnings coming on 15... even it gaps up, the sector will be much lower than where it is now...so no risk there too
#2
Sentient Being
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Posted 06 February 2007 - 11:35 AM
Good luck, if I played the short side in my IRA I might join you. As it is I just dumped oil and picked up about 6%. You or soumeone else got out a few day ago with 5%, we more or less caught the same wave.
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~
#3
pdx5
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I want return OF my money more than return ON my money
Posted 06 February 2007 - 03:47 PM
My understanding is that oil service outfits have typically
long term contracts (3-5 years), which means they will
lag considerably to oil companies with ref to earnings.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
