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Oil Heading for a New High – Stocks to Own

Feb 19 2008
327
0
Crude oil peaked at 100 in January, dipped into a trading range of 86 to 94 for about a month, and has now broken out to the upside reaching 98 this morning. This has allowed a number of oil drilling/exploration and oil equipment/services companies to rally and they are doing quite well today.

Stay with conservative stocks.

Feb 14 2008
187
0
This market is still not out of the woods and stocks will struggle as we go forward for some time. I still like the banks with the Fed continuing to lower rates another 1% over the next 4 months.

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