Thursday, May 27, 2010

Buy oil stocks now?

I cannot give too much away here (what else is new) because I plan to do a bigger treatment next week but in case you thought capping the well would make BP a good buy.....

This stock is not even oversold anymore. Besides, you will be at the whim of the news makers. Too volatile for my blood. Pop a cap!

How about this one we bought in Quick Takes Pro yesterday. Never broke down. No death cross. Very limited outflows of money according to on-balance volume.

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