Tuesday, October 10, 2006

The Markets continues its transition form value to growth

The Markets continues its transition form value to growth and from energy and commodities to technology and large caps. Right now it looks like we are encountering a tug of war between higher and lower energy prices. My analysis favors lower prices perhaps much lower in the short term. North Korea looks to have fired off a dud with it latest nuclear test and as I have said before the market has long since factored in acts of terrorism and local indiscretions by crack pot dictators like natural disasters ,hard to predict but you have to remain vigilant.

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