News Focus
News Focus
Followers 183
Posts 10875
Boards Moderated 0
Alias Born 05/30/2007

Re: stervc post# 17862

Tuesday, 08/12/2008 9:29:10 AM

Tuesday, August 12, 2008 9:29:10 AM

Post# of 100794
Sterling I don't know how you feel about the possibility of us now entering a deflationary period. I watched Mad Man Jim Kramer last night and it's amazing how things have changed psychologically in a month. He is talking deflation and he is talking about the collapse of oil prices, gold, commodities, etc. IF this is true (big IF) then this would be a negative for all alternative energy sources as the one positive to the high prices was that investment in alternative energy sources was attractive.
All I know is that the charts in the various commodities including crude have broken down and I am reevaluating. I saw US Air go up 900% in five weeks and I can't believe it. I was thinking that this was a bear market rally in the SPX but perhaps it is more than that.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y