Read
Listen
Watch
Play
Find
Mail
  • Quotes

  • NAVs

  • News

  • Messages

  • Opinions

  • Notices

  • Videos

  Post a Message | Explore Forums  |  Browse Stock Messages  |  Hot Discussions  | Top rated Messages  | Top Boarders
Search: Messages    Stock    Boarder
 
Ads by Google
Moneycontrol.com >> Message Board >> View Messages >> Oil & Gas - Sector
   You are here :     Moneycontrol     MMB    Market View      Oil & Gas - Sector                         Most active discussions of 2006 , 2007 & 2008
OPEC SECRY SAYS US: STOP HARASSING OPEC (1)   09-Jul-08 17:13Tracked by (0)  
Posted by:   pitquote on ( 09-Jul-08 17:13 )
Rating     
Secretary of OPEC has clearly stated that the oil price increase is mainly due to the speculation and the real consumption has neither gone down nor up. Though there is a small pull back (we can call only a small pull back of $5.00- the upsurge has started and there is sizeable increase in the volumes. The investors please do not take up this rally as knee jerk and again this is not a right time to enter into the market- Wait for the oil price to settle down well stable before any wise investment decisions are being made. Make this week as LOSS MINIMIZATION and a right opportunity to exit any dangerous positions. Current price stands at 137.40 with a projected price of 179.00 before Christmas. Kindly treat the above message as a word of caution and not a message to panic. Act wisely. Still many counters needs to see their real intrinsic value which is even today can call it as OVER HEATED even though they may be circling around 52 week low. Cheers
Track Post |  Reply to this post | Track Boarder | Click if Offensive | Rate message

Feedback

CNBC TV18 CNN IBN CNBC Awaaz IBN 7 IBN LOKMAT

Poll 

Has your confidence in equities been shattered?

Yes No
To SMS your queries to us Type YS < Your query > SMS to 52622
Stocks to be discussed next:
  Suzlon  |   RIL  |  Tata Steel  |   Tata Mot  |   ICICI Bk  | Balrampur Chini  
 view all queries »