ORIONS Money Stocks

[matt24d]

The supply will take care of its self. The last update showed we dropped 5.9 million barrels of oil. I think oil is a good place to be looking now. All these oil companies have been cutting back for months and its starting to show. I read a long time ago its easy to stop production but takes time to start it back up again. Right now the demand for oil is starting to increase and the ouput production has been slowing. I think that correction is pretty close to a tipping point. Look at the HUGE Mergers in the oil sectors just recently and many of them were at a premium. I think the big guys are starting to notice we are also at a bottom. Again strong hedges will be what gets the mid size players through this. Now with that been said not all oil plays are great. I still like GST, TPLM, MPO, and BXE. I am sure there are others that are good but there are a ton of players in bad shape.