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Re: swanlinbar post# 7844

Thursday, 04/09/2020 11:30:30 AM

Thursday, April 09, 2020 11:30:30 AM

Post# of 8180
This article is deficient inasmuch as oil and gas are in the basement largely because the country business environment has effectively been shut down pending managing Covid-19 threats.

Nobody is driving!


Many people are not about to incur commodity expenses such as heating because of income uncertainties.

Even we retail investors are shy about putting cash to work in the petroleum sector due to uncertainties. I'm sitting on a lot of cash but reluctant to commit any of it to oil and gas---too early for me.

Talk of an oil glut is irresponsible reporting in my opinion. As I see it, oil and gas will not find me investing until I'm of the belief that what I'm seeing in market breadth demonstrates at least some measure of recognizable patterned behavior.

Translation: "Stability!"
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