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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (35166)	8/19/2009 11:06:16 AM
From: Arthur Radley	Respond to of 78748

chron.com Spek, This was the front page article today .......one has to understanding ...the Texas economy is energy driven. Up to now, the Texas economy has been performing well above the national averages. However, I know for a fact that the Shell operations in the Houston area are laying off workers....right and left. No travel.....conferencing strictly being done with tele-conference. They have shut down Canadian shale operations.........last years's compensation for executives at Houston based companies......18 of the top 20 were in the energy sector. These 18 individuals had a combined compensation package that totaled...$368,900,000.00. Last year oil went to $140.00 a barrel and gasoline near(apply your local price) and the explanation was that WE, the US didn't have refinery capacity. DUD!!! Watch Valero......that is going to tell you what is happening in our economy.

To: Spekulatius who wrote (35166)	8/25/2009 12:58:01 AM
From: Spekulatius	1 Recommendation Read Replies (1) \| Respond to of 78748

Chinese market 3% down this evening. It seems to me like the volatility there has drastically increases - i noticed that the Chinese market had a couple of +/-2.5% days. Huge volatility in conjunction with an awful looking chart makes me wonder about the health of the market there. And this happens even though every adviser tries to tell us how the Chinese are leading the world out of the recession, the stimulus there works and we need to buy a piece of that. Doesn't pass my smell test.