02-02-2007, 12:07 PM
02-03-2007, 05:07 PM
One of our Pick of the Day stocks is the PA room buy setup in Repsol YPF SA (REP). Trade details discussed Friday in our Real-Time Trading Application class. Below is the chart, Profile and Trade Balance for REP traded in a US exchange. If you would like to correlate the US REP traded stock with the REP stock traded in Europe, click on this link-- http://forums.dynamictrend.com/showthread.php?t=442
Below is some general information about this company from their web site:
Repsol YPF is an integrated international oil and gas company, operating in more than 30 countries and is the leader in Spain and Argentina. It is one of the ten major private oil companies in the world and the largest private energy company in Latin America in terms of assets.
The company’s total hydrocarbon production exceeds 1,100,000 barrels of oil equivalent per day.
Repsol YPF is the largest refiner of petroleum in Spain and Argentina and also conducts operations in Peru and Brazil. The company operates nine refineries, with a refining capacity of over 1.2 million barrels per day.
With regard to its marketing activities, Repsol YPF markets its oil products in 12 different countries in Europe and Latin America, through a wide network of over 6,800 sales outlets. Repsol YPF is the leading operator in Argentina and Spain and one of the most important in Peru and Ecuador.
In the LPG (liquefied petroleum gas) business, with yearly sales amounting to over 3 million tonnes, Repsol YPF is the third largest company in the world and one of the most efficient.
Repsol YPF’s activities in petrochemicals are mainly carried out in Spain, Argentina and Portugal. The most important markets are Europe and the Mercosur countries. This business has a high level of integration with refining and the production of natural gas and has its own technology in high added-value products.
Repsol YPF distributes natural gas, either directly or by means of its subsidiary companies, to more than 9 million customers in Spain and Latin America, with more than 4.5 million of them being in Latin America. The total sales of natural gas reach over 36 bcm. More than 60% of these sales are generated in Spain.
The company has a workforce of over 35,000 employees, in more than twenty different countries.
Below is some general information about this company from their web site:
Repsol YPF is an integrated international oil and gas company, operating in more than 30 countries and is the leader in Spain and Argentina. It is one of the ten major private oil companies in the world and the largest private energy company in Latin America in terms of assets.
The company’s total hydrocarbon production exceeds 1,100,000 barrels of oil equivalent per day.
Repsol YPF is the largest refiner of petroleum in Spain and Argentina and also conducts operations in Peru and Brazil. The company operates nine refineries, with a refining capacity of over 1.2 million barrels per day.
With regard to its marketing activities, Repsol YPF markets its oil products in 12 different countries in Europe and Latin America, through a wide network of over 6,800 sales outlets. Repsol YPF is the leading operator in Argentina and Spain and one of the most important in Peru and Ecuador.
In the LPG (liquefied petroleum gas) business, with yearly sales amounting to over 3 million tonnes, Repsol YPF is the third largest company in the world and one of the most efficient.
Repsol YPF’s activities in petrochemicals are mainly carried out in Spain, Argentina and Portugal. The most important markets are Europe and the Mercosur countries. This business has a high level of integration with refining and the production of natural gas and has its own technology in high added-value products.
Repsol YPF distributes natural gas, either directly or by means of its subsidiary companies, to more than 9 million customers in Spain and Latin America, with more than 4.5 million of them being in Latin America. The total sales of natural gas reach over 36 bcm. More than 60% of these sales are generated in Spain.
The company has a workforce of over 35,000 employees, in more than twenty different countries.
03-08-2007, 10:35 PM
This breakout idea with a creative buy strategy and our own tighter stop loss failed to work out. We saved a $1 on the loss, but the trade still did not work out. In this case it was a breakout move and the longer it took the more we realized something was wrong before it failed. In our daily live class we kept updating the progress of the setup and just before it began to breakdown we said it was not looking as good as the original breakout looked. At the time we were identifying this buy trade setup we were looking for an idea in energy where there were not many quality setups. For now if you are interested in this European energy stock watch to see in the next couple months if it can build a base here, and see if the PB or PC rooms will eventually identify an improved RRR setup that might make better sense for an eventual return of the previous longer term uptrend. It right now is a tricky idea so would focus on a better quality energy stock instead.