Tuesday, August 19, 2008

Oil and Market

Has anyone noticed that Oil has been falling but the markets have been falling too?
I think short term Oil could test the $100 level and a matter of fact if it hits $102 it will be sub $100. Oil as many like Cramer has said is holding this market down NOT. the market has serious troubles and it is not Oil !!!!!

We are gapping down this morning on the Home Depot disappointed earnings, let see if we can get a turn around tuesday

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