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Re: Frank S post# 1431

Wednesday, 09/10/2008 12:58:24 PM

Wednesday, September 10, 2008 12:58:24 PM

Post# of 2321
I spoke to Terry today. He thinks it mostly is manipulation by the shorters and MM's. Some is the price of oil coming down like it has, but his main positive is he is confident there are very good days ahead. That we need to get through this stretch, but once we do, we will either be able to get the oil out of the ground or sell it to a major. I tend to believe him, at least that he does believe that. My guess is it may be a couple months till we get any good news, but in a whisker, the price can be up to a buck with anything promising. I am planning to hang in there and then likely add to my position in six weeks from now. Cvet