One thing and One thing Only

April 26,2006

Hello,

With the new energy measures the Bush administration seems to be saying to Iran Ok guys you want to run the price of oil up now one of the biggest consumers wants to run the price down, this tug of war has dominated energy prices for the last couple of months. It is a game of chess with each player trying to countering the others move. The market however continues to rally in the face of higher energy and commodity prices so what gives? Well as we saw last week this market is only focused on one thing and one thing only; to raise or not to raise interest rates. That is the question and both the FED and the market seem to be grasping for answers. Again I will repeat if the FED stops the markets will zoom, if not expect more of the same.

Because of this now is a good time for us to re-examine your holdings and make sure they suit your goals and risk tolerance. It is important to make sure you’re still comfortable with your strategy. Make adjustments when your life circumstances or the fundamentals of securities change-not just because the markets may seem uncomfortable today.

Again it remains a stock pickers market but the opportunities seem to be multiplying .The economy continues to defy the dire predictions and yet inflation remains novel. Earning continue to impress and the market seems to be saying that Iran is just jerking us around to get the prices up so if the FED would only get out of our way …….


James
www.jamesfoytlin.com