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Momentum Trading with RaginCajun

RaginCajun
Joined Jan 27, 2008
7,405 Blog Posts

To The Oil Bears

RaginCajun Fri Aug 29, 2008 7:09pm EST 3 Comments

Come Monday you will be running to cover your shorts in oil.

However, the market will be closed.

Long:

  • National-Oilwell Varco, Inc. [[NOV]]
  • Valero Energy Corporation [[VLO]]
  • Chesapeake Energy Corporation [[CHK]]
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3 comments

  1. Goldie
    Goldie
    August 29, 2008 at 7:53 pm

    Be safe Cajun,I was living in Fort Walton Beach, FL when Ivan rolled thru there. Hurricanes are no joke!!

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  2. cheesefries
    cheesefries
    August 29, 2008 at 8:56 pm

    Cajun-

    Get the hell out of there dude.

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  3. AU CONTRAIR
    AU CONTRAIR
    August 29, 2008 at 9:09 pm

    RC, I’m sorry to say that those oil stocks have already had the run. They will not be popping and the shorts will not be covering. The action in oil and nat gas is telling the market what it thinks….and it ain’t higher prices.

    Be safe.

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