Suncor Energy Inc T.SU

Jerry Maguire in reverse

[Obscure1]

Migraine:

I'm grateful for your input and I'm pretty confident that I'm not alone.  

I'm a numbers guy from way back. 

The numbers in financial statements tell stories if you know how to read and interpret them.  The numbers without context (the Notes to the financial statements) are often meaningless as they are impossible to interpret.  Millions and even billions of dollars are posted as one line entries with descriptions that don't really tell you anything.

The reason that I bring this up is because I'm trying to do a Jerry Maguire in reverse.  In the movie, Tom Cruise pleads "Help me Help you?  This post is about me trying to Help you so that you can Help me (and the rest of us that are grateful for your posts)

As I have posted a number of times, I'm not an oil guy.

The primary reason that I post on the SU forum is to learn about the oil industry in general and hopefully glean the occassional nugget about SU.  In return, my quid pro quo is to offer up the odd insight that I might have in regards to market behaviors or interpretations of SU financials beyond the obvious.

The charts and graphs that you present, along with the weekly EIA numbers are nice as it saves us from searching for them if we even knew where to look.  

However, the real value to me is your interpretation of the information that you present.  Numbers and charts and graphs without context are pretty much lost on somebody like me who doesn't have a clue about the oil industry.  

So what I'm really asking, in my Help you Help me version, is for you to provide your insight whenever you post stuff.  While the meaning of the charts and numbers may be easy peasy to you and second nature, the message sometimes eludes me. 

My hope is that you will take the above constructive criticism as a sign of my respect.  My goal is that you will embrace the message and attempt to dumb things down so that people like myself can gain even greater value from your experience and insights.

[Experienced]

Good post... When I think of the movie Jerry Maguire...I think of the line "You had me at hello". In my case it was a also a reverse Jerry Maguire - the first time I met my future wife and she said "Hello"....she had me!!  (and still does).

[MigraineCall]

OK, I'll try to add more context to the information. I have always been known to overcomplicate things and ramble on so I have been trying to be more concise in communication. I'll ramble a bit now. The oil market is very complex, with many variables in constant flux. One must try to be aware of as many factors as possible, and learn to understand how each one influences prices in a

[stever50]

Great write up I figure if we go into a recession I see oil dropping by 30% by spring 

[Experienced]

Fabulous post Migraine!! Your advice generally holds for all investments IMO, not just oil. Your comment about being on the same side as the big traders is very important, I call it "not fighting the tape".  In order to do this you need a few things - 1.....be humble.  Don't think you know more than the experts.  You don't!! 2....without a huge amount of data