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The Water Cooler
General Discussion
Oil & Gas Leases in Central Oklahoma
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<blockquote data-quote="Shadowrider" data-source="post: 1815067" data-attributes="member: 3099"><p>It ain't a bad time to buy at all if you aren't in a hurry. Natural gas is cheeeeeeeeeeeeeeeeeeeeeeeeeep right now. Some spectacular gains are in store down the road a bit. But I'd hold off a bit on NG and especially oil stocks for now, I'm not sure that they are at the bottom just yet, but NG is close and oil still has a way to go. Just be ready to pull the trigger when the economy starts ticking up. CHK was an anomaly due to the recent news. The only thing I have left are XOM and BP. But I've tightened my stops and if I do stop out I'll make money on Exxon. BP I'll take a bath on.</p></blockquote><p></p>
[QUOTE="Shadowrider, post: 1815067, member: 3099"] It ain't a bad time to buy at all if you aren't in a hurry. Natural gas is cheeeeeeeeeeeeeeeeeeeeeeeeeep right now. Some spectacular gains are in store down the road a bit. But I'd hold off a bit on NG and especially oil stocks for now, I'm not sure that they are at the bottom just yet, but NG is close and oil still has a way to go. Just be ready to pull the trigger when the economy starts ticking up. CHK was an anomaly due to the recent news. The only thing I have left are XOM and BP. But I've tightened my stops and if I do stop out I'll make money on Exxon. BP I'll take a bath on. [/QUOTE]
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