Watch List, Saturday, 05/26/2007
by OI Staff
HAVING TROUBLE PRINTING?
||New Watch List Entries
Current Watch List
I searched high and low this week for potential watch list targets but came
up empty handed. I do not want to add any more energy plays at this level
because a true ramp up by the refiners could pressure gasoline prices and oil
prices by default. We have plenty of energy positions already.
The current instability in the broader market also suggests we could see some
decline into summer but I am not yet ready to make that bet with real money. I
think anything today is a crap shoot and I would rather wait until we get a
correction or until a suitable target appears. I like RTP but options are
extremely expensive. I like MDR but after the recent gains I would like to see a
pullback first. If you have any candidates I would be glad to review them.
Thanks to those readers
who submitted several this week.