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Wednesday, May 25, 2005

Over The Hump

Camel_1Well, we are finally over the weekly hump, and the bulls are having a tough-go out there. As oil prices spike and buyers move back to energy plays (see ABLE & CPN), most everything else is just sucking wind. Clearly, a correction was overdue, and it provides a welcome reality check to see how strong this tape can hold up in the face of bad news from the Fed.

I'm doing very little at the moment, and I've got an outside meeting to attend this afternoon, so I'll be back after the closing bell with some final thoughts to the day. See you then!

Posted by Kirk at 1:46 PM in Analysis | Bookmark | Feeds | Link |


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