RE:RE:RE:RE:RE:RE:RE:RE:RE:Fun with TA on a boring dayferret_ca wrote:
lol ert, i'm not bashing by posting articles like that, just a bit of a counter to the people who think oil will skyrocket, I don't think it will, I do think it may get up to the low 60's (brent) maybe later this year thru driving season, and I hope it does as i am long a few energy plays.
we should see another sp boost here, still holding about 100k shares, it barely traded that today lol, I don't like iae long term and don't care to stick around for the next circle jerk with this management team, have pretty much already added the energy stocks i wanted to buy when i sell iae so pretty much overweight energy at this point, even if we don't get much of a boost for first oil here i'll be a seller, looking more and more like my 1.80 target from way back when i first bought in march may just very well be my exit point, i'm still hopeful for the 2-2.20 or i wouldn't still be here. like i said before lots of good buys in the sector now so iae has more competion in attracting buyers, at least on this side of the pond imho.
that london board is hilarious the way they worship that malcey clown, he is so far up managements kiesters you can smell the guy from here, my bet is that he is paid by iae for his reports.
looks like no mans lkand from 1.54-1.57 today no big buyers or sellers
cheers furball
i don't think oil will skyrocket anytime soon either but I do think 56-57 WTI is a realistic short term target based on current technicals. This should put IAE at 1.90-2.00. GSA flowing oil Will also be good For a 10-15% up day IMO. Cheers