Wednesday, September 2, 2009

BP discovery

The recent discoveries of he Oil in the gulf defies the ordinary guidelines of more supply lower prices as the oil will not even enter the marketplace until 2014
In fact the bullish price action in the stock could act as as systemic pull being bullish near term in fact the eia draw reinforced the api but with the overall worry about the friday jobs report there is only so far we can go in either direction that being said i am widening my stops and not taking any lossess on thursda