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Strategies & Market Trends Waiting for the big Kahuna
To: William H Huebl who wrote ( 94565) 12/1/2016 11:09:47 AM From: robert b furman Hi Bill, Yes can you please make the a reverse BK. I'm very leery about Opec and their commitment to reduce crude production. Perhaps there is honor among thieves, but I think they are a pack of cheatin SOB's. When just words can boost oil 15-20 % in two days then just words can break the run up as well. I bought some KMI , ESV, and RIG during this years long decline (told myself it was a buy - put it in a drawer and forgetaboutit). Which I have done - this pop made me remember them and that's nice - I just don't trust it. I guess I should though - as the decline below production costs was a manipulated market intended to cripple our shale industry. The USA will now become the swing producer as shale efficiencies have made many of the shale fields profitable. Think of the billions that will be retained with in the USA with just royalties vs buying crude from the Arabs or Persians - has to have huge long term positive impact on the USA. Good to hear from you - Thanks for the shout out!! Bob Recommend Keep Reply Mark as Last Read Read Replies (1)
To: William H Huebl who wrote ( 94567) 12/5/2016 11:09:00 AM From: robert b furman Hi Bill, Another nice little conservative stock that seems to have very brilliant mgt team is CNNX. They have pipe lines from the Marcellus and the Utica. Utica has line pressures over 1000 psi - they use the Utica high pressure to move the natural gas collected from Marcellus and avoid the costs of compressor stations - smart low cost thinking. They have moved up a 3 bagger - so I'm just watching to add more if there ever is a dip. But I like their style. Bob Recommend Keep Reply Mark as Last Read Read Replies (1)
To: robert b furman who wrote ( 94568) 12/5/2016 10:31:14 PM From: William H Huebl Getting long in the tooth according to trend-lines on VTX indicator. We may have as much as 2 - 3 months before a major sell-off. Oil doesn't seem to be going anywhere either. Spy seems to show the Trump move up may be running into headwinds. The question is will the holiday season upon us support another bull move up? Recommend Keep Reply Mark as Last Read Read Replies (1)