Monday, June 2, 2008

Monday Morning Look

Oil is down a bit. Interesting how two weeks ago there was no oil left on planet earth and now we have such "demand destruction" that the tune changes. The bottom players should be coming in soon. The financials are a group to watch as there is bad news out of Europe and some uneasy news from Wachovia. I think the solars will get pounded and I will be watching for a giveback,especially FSLR. Watch Thursdays low for a massive crack.


About Me

My photo
I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.