Tuesday, August 12, 2008

Russia is still on the military offensive in pipeline county. Oil is down another buck and no one can figure out why. Brasil just found more light sweet crude 150 miles off the coast of Rio. why does this matter? Because it impacts our stock market or it is supposed to. With all the news we have not see oil go up, it's gone down. Oil has gone down farther but our big dow stocks are not still going up. This market is turning and new advancers are comming out. Chemical/fertilizer names are up today bouncing off huge drawbacks. Solar stocks are on a tear but these advances usually dont last long. Solar is mostly reacting to LDK which is tripling profits.

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