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Monday, August 25, 2008

SUMMER WINDING DOWN




Good riddance frankly. But we at least have been in mending mode since the beginning of August. Now candlestick followers please note that there was an error in the chart for thursday which was an up day and friday which was a down day so this chart is not what it appears. But this is what we have to work with. I'm still learning this but that looks like an evening star formation on Friday which would be bearish...but again the chart is in error here.

Also please please please if you haven't already and vote only once please scroll down to the prior post and take the poll i've set up so we can get a measure of sentiment.

Nothing is going on in MLP land this morning, no news, no upgrades or downgrades. Crude is bouncing a bit after last Friday's collapse so there should be an up open in MLP land. Nat gas is a little higher as well.

Okay...let er roll on this Monday and a new adventure begins.

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