Friday, May 9, 2008

Market LunchBox

1:50 EST

Oil showed its biggest weekly gain in 2 years, and is $1.60 up for the session currently $125.29 pb.

Gold is up $4.20 to rise above $886 po.

The Dow is down 130 points currently, but still above 12700 at 12736.

If we can close above 12700 today, or 12750, Monday could be looking good.

Today is a buying opportunity for stocks that beat up after earnings and this week in general.

HANS missed earnings yesterday and is down today. You might take a look at it, and listen to the conference call on Hansens.com. The company took some cost this quarter it may not face next quarter leading us to believe it may show well next quarter. We would wait til it rounds the corner heading North, before you jump in.

LDK is still performing well for us, and BW looks very promising also.

We own both LDK and BW.

Good Fortune from Trade Equity!!!

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