Glad to see some action here as well as on the stock i've been following it and buying a small peace recently on your cue i must admit though i take full responsability for my decions and like you i like both the company and the sector at this time as i believe it can only profit from improvement in the economy going forward .

I sold my shares in FRB after the recent surge though i believe it will gain even more in the future but i did'nt leaving the money on the table following it's recent gains.

Imo the downward side of E is relatively small at this time so i go with the odds and expect to see them make decent gains in the not so distant future especialy if some investment firms is accumulating .

The SP as been relatively flat for some time now and for sure they must have been noticed by some people out there . I think the price of oil as some ways to go over the next 6-9 months even though it could correct a bit beforehand following the recent rise from $70 to $80 .

The US dollar weakness should last for some time to come while energy needs worldwide should in the meantime increase depleating the large accumulation witnessed over the last year or so . China is planning on building up even more it's national reserve and OPEC won't meet before december . In the meantime exploration programs are going on at a slow pace wich should change drasticaly at some point when the outlook for energy needs start improving .

I think by the end of the year will see activities in the oil sector starting to ramp up slowly and E should definitely benefit from that .

Regards !

Tec