A Tired Ole Bull at 2006-07-09 19:40:33
Once again, the Dow continues to battle with the 11,000 mark. I have not been posting multiple journal posts for a few simple reasons;
1) If you have been keeping up with my journal, you know what I think, and you know where I stand.
2) I only post my journal when I have something to say. In the blogging world, I am told that the more times you write you post blog entry, the more people you attract. Since my goal is to provide the best information possible, I am not going to post a journal entry just to attract eyeballs.
3) And finally, why should I comment on the obvious. Anyone who watches the financial channels, or reads financial commentary from Yahoo Finance knows what the obvious is. I like to bring you some thoughts that are not so obvious.
A good example is the wave of merger activity in the oil sector. This is obviously an example of something that is obvious. Everyone is reporting these mergers as companies scramble to secure assets. The obvious is we have an energy problem that is not going to go away anytime soon. And lastly, the cyclical bull market is coming to an end, and sitting around hoping wishing for a different result is a waste of time.
Once we get beyond the remnants of the final phase of the bear market, we can focus on what to purchase for our portfolios.
So, this being said, what is not so obvious?
Blog Source - http://www.johnmugarian.com/index.rdf
|