Statoil ASA (STO)

[alfaspider]

STO- chart looks like many others today..

Sorry I don't have PM, so use dead boards to chat with TKO and other serious minds...

Yes watching gold/silver/dollar and trying to figure out what's happening.

SLV board qoute- Makes sense, but thinking a QE-3 may be necessary or forced upon Fed in the fall to prop up Obama.

Another smart one pointed out that if stocks die this year, deflation kills Obama's re-election

So think there is a very tight tight rope to slip slide across- and not sure i know whats coming- so have been mostly cash..

Probably don't have many posts left today, so see you tomorrow...