Wednesday, June 18, 2008

FDX & MS Earnings & Oil/Energy

FDX well with gas prices up is anyone surprised? Puts would have been nice, but i have only so much capital to go around.

MS also stunk things up as well. Man i wish i did dip into SKF... It was a bit too pricey for me. but one might spec this goes past its 52 week high.

Oil inventories: 1030 am report will be the nail in the coffin for most stocks, unless you are in energy... Oil $/barrel is >135 as i type this.

Anyway, i may add to my HK, but will look elsewhere too...maybe CRK... i will be patient and wait for the actual crude report. There is much time to make moolah in energy...

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