DryShips ( DRYS ) Technical Analysis Stock Chart - http://blackberrystocks.com/drys.html
This is why you don't try catching a falling knife....who knows where the bottom will be...but when it does form, you could get a 50% move in 3 or 4 days. Drys looks to have support $16 from early 2007. Even if you wait until Drys closes back over $30 you could catch a nice rally off that alone.
For more technical charts - go to http://blackberrystocks.com/charts.html
Showing posts with label 10/7/08. Show all posts
Showing posts with label 10/7/08. Show all posts
Tuesday, October 7, 2008
Oil Shale: 2.5 Million Acres Opened - Green River Basin 10/7/08
The Beauru of Land Management has opened 2.5 million acres in the Green River Basin for drilling of Oil Shale.
The Bureau of Land Management (BLM) undermined the Federal Land Policy and Management Act and the National Environmental Policy Act when it decided to amend 12 land management plans for Colorado, Utah and Wyoming without providing an opportunity for the public to protest, The Wilderness Society charged in a letter sent today to the U.S. Department of the Interior. The plans were amended in particular to expedite the commercial development of oil shale in the Green River Basin of the three states.
Full Article - http://yubanet.com/usa/BLM-Ignores-Process-2-5-Million-Acres-to-Be-Opened-for-Oil-Shale-Development.php
The Bureau of Land Management (BLM) undermined the Federal Land Policy and Management Act and the National Environmental Policy Act when it decided to amend 12 land management plans for Colorado, Utah and Wyoming without providing an opportunity for the public to protest, The Wilderness Society charged in a letter sent today to the U.S. Department of the Interior. The plans were amended in particular to expedite the commercial development of oil shale in the Green River Basin of the three states.
Full Article - http://yubanet.com/usa/BLM-Ignores-Process-2-5-Million-Acres-to-Be-Opened-for-Oil-Shale-Development.php
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