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US TECH 100
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1.57%
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Dow Jones
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wadegarret

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wadegarret

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Re: researcher59 post# 6457

Friday, 12/19/2014 7:09:06 PM

Friday, December 19, 2014 7:09:06 PM

Post# of 112575
R59- I assume you still hold AAL ?

This one has overall done nothing over the last week, while the oils have surged. In fact last friday, the stock was higher than it is today. I guess that's a strong suggestion that $54 is for sure a short term bottom for oil. My problem with playing the oil stocks now, is that they are fully valued IMO, assuming $65 oil in 2015.

If I had to guess, oil will go to the $60-$70 area & stay there all next year. I've chosen not to gamble with the smallcap oil for the most part.



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