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Message: Re: Trading..

Oct 29, 2008 12:06PM

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Oct 30, 2008 04:24AM

Oct 30, 2008 04:45PM

Oct 30, 2008 04:45PM

Analysts are downgrading almost any oil and gas major producers...because of lower oil and gas prices. The only reason there were so many buys and outperforms was that all these analysts were doing it around the time oil was trucking over $90 a barrel to the highs...and gas was going over $10+. So it makes sense they downgrade, but once oil and gas start to move up, you'll see them change their analysis. And plus, the thing is that's just one analyst from one firm....so it's not a big deal anyway.

If you go to marketwatch, or most other sites where they have analyst opinions...I've seen numbers as high as $70 or $50 on the low end for forest...so it's all about commodity prices...don't need an analyst to help make a decision. If oil and gas go up, you can pretty much bank on any producer to go up as well...and even jrs.

Rocco:)


Oct 31, 2008 05:56AM

Oct 31, 2008 12:58PM
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