Silver, I see it coming before the election and stepping back abit from the chart and looking at the key stats. it is ready now at these Crude prices to start finding some stability. Yes, for some reason we find ourselves trading closer to NG prices than Crude, but today Chavez vowed to Castro to protect Iran from the US's advances. I didn't think Chavez would let these Crude prices slide much further than they have and I was actually expecting Iran to be the first to make a public move to sway the International price of Crude. Thus, watching Exxon stop its slide and find some support I'd say the rest of the energy sector will follow suit fairly soon.
I've been following and trading this stock since last September and with our current P/B and D/E ratios along with the control of future production and our financing arranged I think our future looks damn good at this level. Even if it dips another 15% we will see a nice jump before long showing us returning to the $1.50 area if the price of Crude jumps to former $70's.
This is all my opinion of course!!!!
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