Careful and Patient

The rally remains on hold and with the Euro having cracked the correction will need some time to play out.  Higher morning futures followed by vicious afternoon sell-offs have been a hallmark of corrections in this cyclical bull.  Be careful and be patient.

Excellent perspective in Gold From The Top Down by J.C. Parets.  The precious metal complex was higher yesterday…

A look at SU and old friend CNQ at Business Week.

As Chesapeake has an earnings call, there’s definitely something — and somebody — missing at Platts.  Felt like a spoof…only true.

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