Tuesday, July 7, 2009

Market Wrapup

I got my clock cleaned today, I'm off to hurl bowling balls at people

4 comments:

  1. WEAK TAPE TODAY RF BUT I BOUGHT THE DIP. WE SHOULD BOUNCE TOMORROW AS FAR AS I AM CONCERNED.
    BUYS:

    FCX
    COP
    MET
    SPY
    MO
    MSFT
    CSCO
    and your EXM

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  2. RF,
    Where is crude going? Time to purchase USO?

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  3. @IMAKE - times like these grow the chesthairs, I am not too worried. I like MET but like LNC too. MSFT is on my buy list and EXM has $2.50 down or $6 up. I play the odds.

    @Anon- I'm a bigger fan of oil names than crude here. I think it might dip to $60 (posted few weeks ago). My 4.35 sale of DXO i guess doesn't look to bad. I might scale a 1/3 back at $3.50ish. In conclusion, I think we will probably see $60, maybe $58 on low end...but gov't is tryin to control game which could make oil tank with regulation

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  4. HES is the best oil name out there

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