mcadoo3312

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  • What a Difference a Week Makes
    Investors are cashing in on their gains and dipping into the beaten up areas. They have been waiting for anything positive to come out to reverse the trend and apparently they found it. Can it be sustained? Maybe - until the next IndyMac reminds people that there are still problems out there.
    Jul 17 09:48 am |Rating: 0 0 |Link to Comment |View article
  • Upside to Oil Stocks?
    The supply and demand imbalances expected in the future give a reason why oil should be higher, but not necessarily as high as it has climbed - especially so rapidly. The flows of funds coming into (and staying in) the futures markets has been driving up the price based on these fundamental expectations. If these new entrants are forced to cash out, the upward price momentum gets its feet cut out from under it. Right now, oil prices are the hottest issue in an election year, and the candidates, as well as Congress and President Bush, have all given proposals to cool down the oil market. Even though the street has already been expecting a drop in oil prices, most stocks have still gone up. If oil falls based on enacted legislation, smart investors will capture gains in hope of buying the same solid companies back more cheaply in the future. In the long term, I agree with your theory, but in the short term, investors entering the energy market could be in for some pain.
    Jun 25 13:28 pm |Rating: 0 0 |Link to Comment |View article

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