InvestorsHub Logo
Followers 4
Posts 282
Boards Moderated 0
Alias Born 07/09/2008

Re: oilin07 post# 10100

Wednesday, 07/16/2008 10:48:13 AM

Wednesday, July 16, 2008 10:48:13 AM

Post# of 32583
yeah, macro-market conditions are NOT in UVSE's favor today with inflation being the main target of Fed policy due to today's CPI data. This is GOOD news though, since it means that UVSE is NOT falling for its own reasons, but because of macro-market conditions afflicting the entire energy sector as oil prices lower. Don't worry, two factors help UVSE's case: 1.) if democrats win the presidency, they will be adamant about protecting Alaska from oil drilling, which is good since more oil drilling in Alaska brings down oil futures in the American market. SAVE THE EAGLES! 2.) Bush might fight a war with Iran, knowing Bush, and I know Bush by now since I spent 8 years of my youth under his rule---er, I mean---presidency.

I trade, therefore I am.