Rat dog micro-cap picks... Message Board

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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: Bucky Katt who wrote (23374)	3/9/2005 5:31:11 PM
From: nicewatch	Read Replies (2) of 48462

on crude not sure, it looks short term toppy to me but i trade it less than other commodities. considering its size, the XOM move today was huge and guess someone will defend the name tomorrow morning, just cuz, saying it has the least exposure to crude prices of the majors, chemicals doing well, blah, blah, blah. and of course if crude drops more than a few bits it will be an excuse for hot money to run into some other sector like retail or tech. all of this and the ndx closed at the midpoint of the range since the January lows. right now i'm more focused on rising interest rates and their ill effect on financials and homebuilders. put simply i think the american economy is more levered to low interest rates than to low crude prices. oh, don't forget - housing prices only go up... that's what most people keep telling me! -g-

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