Home > Boards > US OTC > Oil/Gas/Natural Energy Production > ECA Marcellus Trust I (ECTM)

Interesting move in oil today.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
renoldman Member Profile
 
Followed By 25
Posts 1,564
Boards Moderated 0
Alias Born 04/15/10
160x600 placeholder
renoldman   Thursday, 11/21/13 01:50:28 PM
Re: Tinkerer post# 28
Post # of 35 
Interesting move in oil today.

Seasonally, oil plays are not good in the North American winter months. Better off in early spring.

Not sure if this is a sort of delayed reaction to Yellin's remarks.

I will admit that it looked tasty when it went below the 52 week low.

But, that has happened across the sector. Today might just be a sort of head fake.

Because of the fact that oil usually sees weakness I am kind of on the sidelines.

I speak here as a trader. As a longer-term investor, it could be an opportunity, but I am looking at other plays for investing.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences