OTCPK:WSRLF - Post by User
Post by
newtonboyon Aug 22, 2009 7:18pm
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Post# 16241127
Joe The Bow..............
Joe The Bow..............I am trying to figure out what Shac meant with the news black-out and the news-release. The NR is old news. A news black-out??? Shachter has been known in the past, to not necessarily give sound, factual and up to date coverage of his favorites. His "table-pounding buy" of the ill-fated Oilexco nightmare, combined with his present top picks, leads me to believe that his bow-tie is cranked a little too tight. He's calling for a 25% correction in the price of oil. Why?? Because summer and the driving season is over. The Yanks have an increasing surplus of reserves which he feels will bring the price per barrel down 25%. He's talking $52 -$55 oil, I can't see it.
Lately I do the exact opposite of what Joe the Bow recommends and I'm seeing some green.....................