The COP chart seems to be forming a head and shoulders reversal...volume intact...the pattern is at the head stage. Its long term chart's very impressive and exhibits a strong upternd.
Dr. Doom sees it otherwise as "oil servicing stocks" are on his radar. I see these companies as defense contractors, yes, we need their technology to help us become less reliant on foreign oil.
Cramer's Mad Money - In the Treehouse (3/10/09) [View article]
COP better get going, FCX is on its tail, when Cramer gave up on FWLT it was time to get a bit interested. Nobody shorts cheap stocks, just Cramer's picks, right?
Book Review: Robert Hefner's 'The Grand Energy Transition' [View article]
I'm assuming today, with the news of the refinery problem, people are just throwing in the towel on COP and probably cursing Buffett as the hit the sell button.
Cramer's Mad Money - In the Treehouse (3/10/09) [View article]
It seems as if the Buffett crowd is throwing him under the bus and giving up on his stocks. COP is a good company, this kinda compares to Freeport when it went to $15.
Who wants to join Santelli's party in protest of us bailing out the deadbeats...Pemex's declining reserves + potential Mex chaos could be bad for low oil prices.
BP was at $60 in 2000 its high in 08 was $75...that's quite the Microsoftesque explosion in share price??? Picked up some Monsanto at $76, because Cramer said to sell it, he's getting into the gold rush crowd...contemplating a GLD sell, but that's a tough one???
The Bull Case for Big Oil [View article]
Your Oil Stocks Aren't Coming Back [View article]
Cramer's Mad Money - In the Treehouse (3/10/09) [View article]
Book Review: Robert Hefner's 'The Grand Energy Transition' [View article]
Book Review: Robert Hefner's 'The Grand Energy Transition' [View article]
Cramer's Mad Money - In the Treehouse (3/10/09) [View article]
Value Expectations vs. the Oracle of Omaha [View article]
Your Oil Stocks Aren't Coming Back [View article]
Your Oil Stocks Aren't Coming Back [View article]