THE OIL TRADE!!

I have to be honest here. I have seen some of the smartest traders take it on the chin when it comes to trading oil. Although we have other traders calling for $150 oil, well, as crazy as it sounds we used to say same thing about $125 oil and here we are. My only view is this, i now see less cars on streets and I see more of my neighbors being concious about the enviroment, now, that is a good thing.  On the oil trade our are on your own.

 

P.S

Still adding WM on every dip. Looking for mid 7s or low 8s.

 

IS IT TIME TO GO YAHOO FOR WAMU?

So is WAMU (WM) gonna make it through this tough times or are they starting to write the obituary? The lost in marketh cap sure tells and ugly story, seems as if they are on life support.

Here at Inuts we think the timing to start to build a position is here. Sooner or later a larger outfit will come in and scoop it up. The banking network WAMU (WM) has built has a value the question is what is it’s true value. The nuts will keep watching, hopefully we will see it back to the teens.

I was away traveling Latin America. Look for new blogs in next day or two.

Went for a trip to feel the global economy. Looking to make some money of new expiriences.