As someone who generally tries to make an effort into the spelling and grammar of my posts I find it rather churlish of you to find fault, may I suggest you concentrate on your own short comings, there is no such word as whingEing (VOG thread) it is whinging.
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you may well be right, for i confess neither spelling looked right to me .... however, i readily confess to being slightly pedantic about things like independent and independant, getting off (not off of) a bus and even more so about different from ..... one really cannot be different to!

have now checked out via internet, and both whinging and whingeing are apparently accepted as correct ..... whether or not these are national perferences - e.g. australian or english or amercan - i cannot tell

Shouldn't that be Australian, English or American???????????

And stop whingeing or whinging :)

Wall Street falls on Iran worries
AFX


NEW YORK (AP) - Wall Street pulled back Monday after the Bush administration warned Iran following an incident involving that country's forces and three U.S. Navy ships in the Strait of Hormuz.

Stocks, which had opened higher amid speculation about future interest rate cuts, turned lower after reports of the administration's comments appeared on news services .

U.S. forces were on the verge of firing on the Iranian boats in the early Sunday incident, when the boats ended the incident. The U.S. government 'will confront Iranian behavior' if it threatens the U.S. or its allies, the State Department said Monday.

In midmorning trading, the Dow Jones industrial average fell 47.97, or 0.37 percent, to 12,752.21.

Broader stock indicators also tumbled. The Standard & Poor's 500 index dropped 5.31, or 0.38 percent, to 1,406.32, and the tech-heavy Nasdaq composite index fell 23.04, or 0.92 percent, to 2,481.61.


Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

http://www.moneyam.com/action/news/showArticle?id=2561652

January 07, 2008
Markets Bet Heavily That Oil Will Move to $200
The facts about demand for crude staying strong in India, China, and the US are catching up to the market. So are concerns about unstable governments in Africa, the Middle East, and South America.

The percentage of oil staying within oil producing countries to build their own infrastructures is also being factored into prices.

According to Bloomberg "options to buy oil for $200 on the New York Mercantile Exchange rose 10-fold in the past two months to 5,533 contracts, a record increase for any similar period."

These bets are not being made by under-educated retail investors. They are being made by professional traders who see large profits in putting money down that oil hits $200 by year-end.

Macroeconomic trends favor the bet more each day.

Douglas A. McIntyre

http://www.247wallst.com/2008/01/markets-bet-hea.html

cynic we could start a whole thread on the mangled use of the English language--must confess my weak spot is stationary and stationery but I'm getting better! The saying that really gets my hackles up is bored of--which doesn't make any sense at all each time I read or hear it I long to correct it. Also falling pregnant--instead of becoming pregnant. Ah, now I feel better!!

2517GEORGE. Sorry matey....there is such a word as WHINGEING!!
Oxford English Dictionary 1996 - Whingeing (Brit. colloq) to whine; grumble peevishly. Just like me, really!! :>) Have held PET for 3.5 years now and I'm not 'whingeing'.

jammyjimmy-----thanks for that, never too old to learn must update my dictionary ha!ha! I'm not whinging either, have held just a few months longer than yourself so we have both had the opportunity to sell around the 150p mark twice, with luck and the all important positive news, the sp will shoot far beyond 150p. Good luck all.
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Peter ..... you will note i write almost exclusively in lower case!

M+ .... the phrase i love is, she found herself pregnant ..... now i wonder how that happened!?

lol!

i think this may rocket soon.....dont ask me why, i just feel something about to happen

sp down at 92p this morning, now at 102.5p

KOD again.
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Not sure why this one hasnt had the usual copy n paste from the advfn pet thread before.


lex1000 - 8 Jan'08 - 22:30 - 98962 of 98972
Shares14,I have sold with option to buy back.Profits banked.Good luck.

So much for ' this is a long term investement, the best opportunity I have ever seen, in for the long run' etc. etc.

Should have said reduced profits banked.

afternoon Peter .... golf today? ..... confess i am trying hard to find some stocks to (perhaps) short rather than to buy .... with regards to oilies, is seems to me that the better companies - e.g. those that are decent producers such as PMO, IEC and the like are still trending up, whereas the majority of E&P companies are in reverse ..... would you concur?

I don't think you can go too wrong with the producing companies Richard; we're not making any more oil and the bigger companies have the clout to buy what is there to increase turnover and profits. The E&P outfits are clearly very hit and miss and picking the right one is akin to sticking a tail on a donkey, usually literally. I guess in these volatile markets, speculative stocks will be hardest hit, whilst the wise money reverses into blue chips until calmer conditions prevail. AIM is certainly out of favour at the moment and has been for over a year.

(No golf this weekend, a tadge too wet for my liking)

dry and sunny yesterday and dry but windy today ..... of the better E&P companies, i think EO. is worth considering, especially if sp drops back to around 40 .... am considering shorting WPP on the basis that advertising is usually one of the first targets when cash gets tight

Adding to this little debate, apart from energy stocks (oil, gas, mines and palm oil), there little to cheer about, my little porfolio looks like this : oil oil oil oil oil oil, mine, oil oil oil oil oil tech, mine, oil oil oil oil.

So it appears that lex1000 has sold his holding. I may be wrong but last week seemed to be slightly higher volume than of late and whilst the sp was weaker there were a considerable number of buyers out there, I get the feeling we are not too far away from news, BWDIK. I'm still hanging on to PET in the hope that greater things are ahead. Good luck all.
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Service contract deadline out to 18th February from 31st January.
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