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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (11579)5/16/2001 12:34:05 PM
From: HG  Respond to of 15481
 
Sheesh ! LOL



To: Rich1 who wrote (11579)5/16/2001 12:45:07 PM
From: Junkyardawg  Read Replies (1) | Respond to of 15481
 
I have been watching the futures on gas prices the past two days.
For what ever reason unleaded gas is dropping fast.

If this trend continues we could see lower gas prices this summer thus probably a beginning of a bull market. I think when gas prices and energy cost go down it will increase confidence thus an increase in buyers for the market. Not to mention the Fed has increased money supply.

The downside earnings season is over and it isn`t long till we begin earnings warning season. I think that may be the time to buy during earnings warnings. Stocks will probably get hit so bad during earnings warnings that by the time earnings are announced they will not go down anymore. Its the old saying of bad news is good news and good news is great news.

In May they go away in September they will remember!

dawg