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capt_jmj

07/16/08 5:00 PM

#15173 RE: POKERSAM #15172

Poker - Yes, that't right, but with some fancy footwork was able to minimize the damage to marginally down. Although the NQs have pulled back a bit AH, the strength into the close today points to possible continuation, unless of course, some exogenous event, like a spike back *up* in the price of oil if anyone in the supply chain sneezed, should occur. Today, there was obviously pent-up broadbased buying demand, but what released it was the downward spike in oil. Without that, I would have expected the rally to fizzle mid-PM.


Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"