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Market Swing!!

Hey everybody hope you all had a great day trading yesterday and made some dough doing it. I just wanted to throw some soup on the hot fire and sip my cold drink as the data pours in at mid day. Wow oil is hot today and look who is cleaning up well what do you know if this company did take take tarp money and be bailed out the story would be different today. Goldman Sachs (GS.N) rocked oil markets for a second day on Tuesday by calling for a near $20 fall in the price of Brent crude oil in the coming months, saying speculators have pushed prices ahead of crude while demand increased. Can the rally continue? Sure it can but it will be a short term rally before you see the course correction and prices will top out at 116 dollars a barrel then reverse back to 80 dollars a barrel before summer hits full swing in most of the countries. I see this correction due to external political problems in the Middle East and lower oil reserves here at home in America. I think the glut of crude oil that is now in storage and also being pumped is going to run low sooner then the market will have a knee jerk reaction to the this and you will see institutional investors first running for the exit gate. This is a good sign of a beginning worsening of the economy as well as spending on consumer goods will also slow down more than it already is at current date. Overall current market data suggests that by mid summer prices on everything from bread to gasoline will continue to out pace inflation by a two to one margin and orders for new products will climb only slightly for the mid quarter of this year. Gold continues to top the list of good investments and so does some commodities such as corn and sow beans used to make alternative fuel. This year so far is a mixed bag of some rally by the bulls on good days on Wall Street but mostly with the Macd chart and Candle Sticks charts topping out much lower than other years we are all in for a rough ride so far this year. Be careful to chart the better companies like YUM Inc. and Microsoft,Verizon are all good to buy into but watch your dividend shares as these companies might have stock splits in the future and you can profit very well from them. If you watch the ratings on Moody,Barrons,Morningstar you can get a real sense of how far the stock or fund is going to do and when to buy and sell it for a good price providing you include your research with your tracking charts to complete the picture of the proformance. Well hope you line your pockets today and have a great day...