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To: Jerome who wrote (3633)4/23/2006 10:25:32 AM
From: robert b furman  Respond to of 3813
 
Hi Jerome,

You and I are sitting in the same pew.

Sox has been hanging inthere - even with Hpq and Intc stinking up the joint:

stockcharts.com

I think friday was greatly influenced by the monthly battle of option expiration.

Monday and Tuesday can bleed over - but I'm hopeful we get a semi break out.

Oil is about to top I hope.

The price a gas has been trumped up early and crude levels are at 8 year highs.

I think it will unwind very quickly.

The oil commodities are about to learn what backwardation means vs the now long in the tooth status of contango.

JMHO

Bob