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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (39288)	10/22/2012 4:37:45 PM
From: Fiscally Conservative	3 Recommendations Read Replies (1) \| Respond to of 219659

Give it another day, lol. We will revisit these lows and move lower by weeks end, imo.

To: GROUND ZERO™ who wrote (39288)	10/22/2012 5:23:32 PM
From: Keith Feral	Read Replies (1) \| Respond to of 219659

Let all the bears wander into energy markets and take down the price of oil and gas, that would be a great place for them to hang out and do everyone a big favor. The yields on most energy stocks are so low, they don't have much yield support in the first place. XOM with a 2.5% yield is one of the lowest on the DOW at this point. With oil prices beginning to show YOY declines for the first time since 2001, there might be a good reason for the low dividend. There has to be an end to all bull markets, and oil seems like it's on it's final legs this year. As housing recovers in US and Europe, it's a very convenient time to pull the plug on energy prices and let them head lower. With oil prices under $92 which was the close last year, I still think oil is still an easy trade back to $85 and Brent is an easy trade back to $92 over the next 2 quarters before they get a Spring bounce.