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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: bart13 who wrote (101638)	6/26/2013 9:02:32 PM
From: ggersh	1 Recommendation Recommended By dvdw© Read Replies (2) \| Respond to of 219584

Is it possible that oil is being kept afloat for other than any market fundamental?

To: bart13 who wrote (101638)	6/26/2013 9:03:29 PM
From: Robin Plunder	Read Replies (1) \| Respond to of 219584

or maybe oil is strong due to mideast tensions? rp

To: bart13 who wrote (101638)	6/27/2013 6:32:23 PM
From: Robin Plunder	Read Replies (1) \| Respond to of 219584

financial sense still finds points for optimism: "We have been discussing now for nearly two months that we expect the U.S. economy to accelerate in the second half of the year. The main catalysts we see to propel the economy higher are a fading of the sequester, adaption to the payroll tax hike, increased capital spending by corporations, and falling commodity prices that boost discretionary income and corporate profit margins. Each passing day reveals this investment thesis is beginning to play out as economic reports are coming in not only stronger than expected, but beating nearly every estimate. For example, the first four purchasing managers index (PMI) readings for June rose over the May reading and beat every single estimate. The last time this happened was April 2009, one month after the 2007-2009 bear market ended and two months before the recession ended." financialsense.com in their view, just a market pull back, with resumed bull market in the second half.. rp