Iso, interesting spelling slip - "risces"
We'll all be eating more rice, I suspect...Have thought this decline in incomes and asset values will end when the standard of living in the US and that in China meet.
Russell is beating on that deflation theme hard. I holding back getting too overly excited about E&P stocks because I see the demand side as vulnerable, at least the industrial side, and the group as one of the few left standing thus vulnerable. Suspect we'll see the occasional sell wave in this disfuctional market place...buying opp?? Watching for mid to late October.
Aside, I have watched "L.R Wall Street Week" the last two weeks where stocks are always great buys if you have a long (seemingly longer) time horizon. Checked in on what happened to one tout of last week in particular, the online educator APOL..
No chasing on the weak Monday action, favored on Tuesday, then dumped through Friday.
siliconinvestor.com
Back to the E&Ps - DNR and XTO doing relatively well.
XTO - big volume spike there at the end of last month.
stockcharts.com[l,a]dacayiay[dc][pc20!c200!c50!f][vc60][iut!Uh14,3!Uya7,14,28!Uc20!Lb14!Ll14!Lya7,14,28!Lh14,3!La12,26,9]&pref=G |
