InvestorsHub Logo
icon url

localoil

08/10/07 9:18 AM

#8057 RE: marsnvest #8056

"Local, you stated that big oil has left the building so to speak."

They were pretty much gone by the 1960's.

"What are you hearing about mid-sized independents interest in the area?"

Those will be the guys who do the deep gas drilling. It's too expensive for the small independents that characterize the field today.

"I hope you deleted those xlf puts you had off your computer screen, they must be real juicy this AM. I had index puts yesterday and sold 1 1/2 hours too early, but a profit is a profit."

Sold them a day too early, but, as you say, a profit is a profit. Bought for $1.15, sold for $2.10, 200 contracts.