Comments on: Wrap – Week Ended 10/19/12

By: zman

zman — Mon, 22 Oct 2012 11:48:35 +0000

HK on the tape with another big acquisition, deets in the Monday post.

By: RB

RB — Mon, 22 Oct 2012 11:40:57 +0000

Halcon buying acreage from Petro-Hunt…..

By: Zorgnak

Zorgnak — Mon, 22 Oct 2012 02:11:27 +0000

#12 you're welcome..hope it helps...Early O/N session holding near acceptance at 1428 so far after bouncing off minor support at 1421. Very light econ early in the week. http://www.charthub.com/images/2012/10/21/FT71_ES_Intraday_52512_3.png

By: brodway

brodway — Mon, 22 Oct 2012 02:10:47 +0000

awesome stuff Zorg. love that XLE stayed strong in the face of a pretty large drop on Friday. energy continues to be in favor even with crude dropping to $90 a barrel. this phenomenon feels different than the scenario played out over in early summer where we go to the $80's and energy equities were collapsing. this time around oil is trading off the highs but equities continue to show accumulation.
natural gas equities continue to show strength and gut tells me to add more on any drop. i had shed some XCO shares along with Zman and would love to get them back for 10% less. also would love to get back into RRC in low 60's.

rock on.