Oil Price Per BBL

[Riley]

Interactive broker if you can qualify for an account. Depending on the exchange I get hit for 1 - 3 each way. Trades in near real time, pretty decent.

 

[Shadowrider]

FYI! Don't wait too long!

This is just today's trading session

CLR +14.03%
DVN +7.15%
SD +12.57%
CHK +8.02%

They were up nicely in yesterday's trading too but not like today. Seems that it's dawning on folks that they fell too far too fast and is correcting. Lets hope it keeps going that way, they have a ton of ground to make up.

 

[Shadowrider]

I should have shorted SD again but just didn't have the balls to short a 2 dollar stock. So I bought some praying for a pop. May still happen but I might have been better off going to Riverwind (it was the same money anyway)...

Depending on your timing you are up 20%+ right now.

 

[Shadowrider]

If you are in a company that has significant activity in New York state...GET OUT NOW!

 

[dieseltech09]

Check out this article for 5 energy stocks to look into.

http://m.benzinga.com/article/50858...ttp://www.marketwatch.com/investing/stock/sse

 

[dennishoddy]

Check out this article for 5 energy stocks to look into.

http://m.benzinga.com/article/50858...ttp://www.marketwatch.com/investing/stock/sse

Take these reports with a grain of salt. Most are traders putting these out so folks will buy into their stocks.

90 days ago the traders on Morning Star said Slumberger was going to 170. Well it's down below 60 now.

Buy carefully.

World events drive oil.

 

[okietool]

I know some of ya'll remember the windfall profits tax.
it would be interesting if someone kept us posted on shipping rates, FedEx, UPS, etc. to see if they drop they're rates since fuel is cheaper.
Of course they may have a locked in contract at a higher than spot market price.
It also makes me wonder if beef imports will surge because of cheaper shipping costs. That's just the one product that comes to my mind.
Maybe imported ammo will go down.

 

[tntrex]

I would not advise buying in here. Shadow could be right but he had emotion tied into his advice at the moment. Not saying it's not correct advice but careful this could be a dead cat bounce. If that's the case and you do buy, hold on and do not panic because it very well can go lower. Nothing has changed this week in the glut of wells and build up of oil with lower expectation of demand. Technicals is tricky business in trading and corrections are happening due to them mostly

 

[Oklahomabassin]

2 fatalities and 2 injured in a rig fire down by Coalgate, Oklahoma late last night.

 

[Okie4570]

I know some of ya'll remember the windfall profits tax.
it would be interesting if someone kept us posted on shipping rates, FedEx, UPS, etc. to see if they drop they're rates since fuel is cheaper.
Of course they may have a locked in contract at a higher than spot market price.
It also makes me wonder if beef imports will surge because of cheaper shipping costs. That's just the one product that comes to my mind.
Maybe imported ammo will go down.

Cattle prices took an incredible drop the last couple of weeks.