monday morning , page-4

Worth noting that gas price was up on last Thursday night back above $4.. I think it is now $4.09..

I think that inflation is going to take hold in the US pretty soon and we'll be seeing much stronger gas prices. Just have a look at oil, it is up $5 in the past couple weeks alone. I've been monitoring the dow and it was going between 10000 and 10500 for ages and then once it broke out of that trend and the greek thing calmed down, the oil price immediately seemed to follow the dow up.

Let's think about it... gas gets to $6, oil $100... and right now you have these companies like GDN which might be flowing gas in a month or two being sold down to 5 cents... crazy... IMO.. If it goes down, its going to come under a lot of buying pressure from those willing to take a risk at those prices. Trend will be up this month for GDN.

Log results should be the start of optimism in the broader market along with the realisation the CR risk is now over.