Proof is in the PuddingThe "noise" we are currently going through is certainly "Whip-sawing" the market around...but in my opinion those who know what these energy companies are generating are going to be rewarded come Q3...will see a nice pop in the sector at the end of this month...
AND...
When year end financials come out...We might see another nice surprise in Feb if WTI hold up as its about $16 higher than what Q3 will be calculated on...
Yesterday was profit taking on WTI market that had been significantly overbought...Analysts said long positions out numbered the shorts 8:1...As of yesterday, that should have set a more level playing field..
GLTA