Wednesday, June 18, 2008

Oil Service

I love Fly's thoughts on the market, long oil and short everything else--it just makes sense.

In the oil space I want to focus on the service sector. I spoke to a guy who works offshore, and his company is preparing to drill off the coast of Florida. From what I hear there is a ton of oil in this area, but the problem is that it's a "No Drill Zone," until now.

With oil at record levels, Bush is giving the all clear to drill in this area. This only means more money for the drillers as everyone tries to capture this gold mine. I will be doing more work on this, stay tuned.

You can find some great ideas right here.

.....Charts tonight

9 comments:

Paul said...

Omni?

BUY ON THE DIP said...

the true players know how to find you.

That watchlist video was awesome...you are the man!

We broke down and bought JRCC today....hmmm...
Wish us luck.

Broker A said...

back up.

Paul said...

damn omni or ftk?

Ragin' Cajun said...

Paul, both!

Option Addict said...

Just like the old days...Welcome back.

Had I been equipped to "tab" you, I would have acquired you in the free agent market.

After all, you are a franchise player.

n00b said...

gold is trying to break out again

PENNY STOCK RESEARCH said...

Oil service stocks are great investments.

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