Quarter to Quarter Aggressive Growth Stocks Message Board

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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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From: Jack Hartmann	3/30/2009 9:55:10 AM
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Crude oil has broken the $50 level, notching lows at $49.95; now off $2.28 to $50.10 DUG up 1.73 or 7%. I am looking for $45 oil then looking to short the S&P once the oil target is hit. It is hard being patience. I was figuring the Market would dive in April not late March. Financials ran up 70% on C and BAC showing profit in the Jan-Feb. While I made nice change on the C move, I found it disturbing they offered no clarity of the numbers. Was it one area that resulted in profits? I think the sector is nervous and one bad piece of news would hit the sector 25%. Good news might move it 10%. The risk reward is good. Alot of people bought the rally is real theme following Cramer and company. Now Cramer is saying it has to sell off some. The White House moving out CEO of GM is distasteful. It smacks of Soviet Russia. The days of getting out of high school and getting an auto job of $27/hour are over. The sector need wage realignment and bankruptcy will do that. If we ever became energy independent, you would see the tariff come up and the US would be dealing from a position of strength in Food, Medicine, and Technology.

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