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Stockersean

08/14/08 3:22 PM

#25015 RE: Stef07 #25009


Alot of that going around...hang tough.or to the left however they naturally fall,lol

"I think buyers are a bit edgy about the Russia-Georgia situation, knowing that's not completely resolved. They're looking for some geopolitical risk premium," Ritterbusch said.

"It's just a market that has all the feeling of continuing to work lower until we get some definitive evidence that demand is going to improve because of lower pump prices, and that seems a long ways off," said Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates in Galena, Ill.
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Stef07

08/14/08 3:58 PM

#25017 RE: Stef07 #25009

Thanks but i feel alot better that the q's did not violate their recent high which i was a little worried but thats the way it goes on options exp. week.