Zion Oil & Gas Inc (ZNOG)

[Imperial Whazoo]

Oh, I'm not worried. I'll trade what I see on the chart. I mean, you gotta remember that I'm a trader and you're an investor. My reson for buying may be the same as yours, but since I trade, my reason for getting out differs. Not a confidence issue. A timing issue.

I'm in the "Zion Oil is a blessing from God" camp, but I'm not an investor because my business is to buy & sell. I trade. I try not to invest. Thats not a diss on Zion. Its actually hard to NOT park $$ here sometimes because I favor this enterprise so strongly, but part of my discipline is to have rules and rules serve no purpose if they are not adhered to.

And IMHO, the Israeli govt is the 8000 pound gorilla in the room. I pointed to an Israili company whose trading symbol is RADA at a point sometime in the past because I figure that Israel is well aware that the drilling site is a military target. You can bet your bottom dollar that the Israelis have technology parked all around the site to keep it from being hit by attackers. And you can bet your hold card that they will have a veto on Zion announcing in a way that undermines their policy goals as a whole. I bet that laison with the government is a bit of a headache at times.

It takes courage to be a roughneck off shore in the Gulf of Mexico because its a dangerous job, but in northern Israel, you face an entirely different order of danger. Thats why I'm watching geopolitical news like a hawk. I'm well aware that the Israeli govt is the big ghost player here.

Imperial Whazoo