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Alias Born 08/02/2006

Re: None

Wednesday, 06/20/2007 11:31:34 AM

Wednesday, June 20, 2007 11:31:34 AM

Post# of 63
The name-of-the-game......
is not gas or oil, it's money.

My two-cents given the bearish TA:

Nice correction on MRO (Marathon Oil) today.

The big money doesn't care about the price of gas, they care about making money in the market. The big money knows these stocks are not going up, because they are not buying in. Nobody makes any money if these stocks don't move one way or another.
They may short (sell) a bunch of shares, and these stocks price will plummet. They can buy them back at support. Right now, the VLO & TSO are stalled because longs are too hopeful of these stocks going up (but they ain't got the balls to buy more stocks at these levels). Nobody makes any money if these stocks don't move one way or another.

I think big money may be shorting these flying pigs to drop them. They make money both ways.
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