Tuesday, February 21, 2006

Market

The high inventory numbers led to the steep decline in crude prices. At $58 and change, it would have been a great buy. The metals followed the crude down, are now back on a unrealized profit in the silver futures. The energy inventories could be needed in March, as some refineries are scheduled to shut down. The market seems to be back in a bullish commodities mode, and buy opportunities could emerge in a temporary dip. Picked up a few PARE today as the stock have been an under performer lately. In other news, the Barron's article provided a great buying opportunity in Google.

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