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oil shares on the slippery slope.!!     

dexter01 - 03 Jun 2004 09:57

i hold FTO,PET,and EEN shares, can anyone tell me why they are falling?.
i`m quite new to this , with fortune having good results and bluesky pending,petrel poised to land a contact in iraq,and emerald financially stable and with good management and prospects i don`t understand .
please help!!!.
thanks
dexter

sutherlh1 - 20 Dec 2005 18:16 - 6 of 6

I also hold bigger oil companies, BP and RDSB. I am getting a bit twichy on these as there would appear to be head and shoulders forming on both charts, especially BP. I think long term they are great, probably spilling off cash for years to come. Anyone else got a similar feeling about these stocks. If so, BP could drop to 520p or so. Appreciate any thoughts, H
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