Monday, October 15, 2007
It's All About Oil
The oil service sector is on fire, due to oil over $85/barrel. I was hoping to get a pullback in this sector so I could add to my favorite names via BHI, NOV, & SLB. Schlumberger report Friday, and I may buy a little before the report-- if we can get a small correction. Did anybody see PTR? Why am I not in that? I love trading high dollar stocks, oh well. I am now convinced to buy oil on every dip, especially if oil trades around $60/barrel again.