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Re: MMG post# 31020

Wednesday, 07/30/2008 5:34:51 PM

Wednesday, July 30, 2008 5:34:51 PM

Post# of 72997
I am most familiar with Chevron (CVX) and I know that the bottom line numbers will be record profits again. The downstream numbers will take a loss because of the higher prices of oil, but at the same time, the upstream numbers are through the roof, which makes the bottom line fat.

(Rephrase: I don't KNOW that because I don't know the results - but that is the expectation they have set with employees and with analysts)


Mama and Daddy always said it's how you play the game - trade to trade well and the rest will fall into place wink

Mama and Daddy always said it's how you play the game - trade to trade well and the rest will fall into place ;-)

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