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cliffvb

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cliffvb

Re: roguedolphin post# 11978

Thursday, 05/19/2005 3:31:58 PM

Thursday, May 19, 2005 3:31:58 PM

Post# of 173859
Oil stocks...Rogue, Kurt Wulff at www.mcdep.com has some good info on oil stocks. He believes that current stock prices are fair value based on oil averaging $37/bbl, still well below the current market. Personally, I'm not selling here but I don't expect much upward movement until late summer to fall when winter usage and inventory drawdowns starts to become the buzzword again.
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