This weekend Barron's recommending buying select energy names.

piezoe I think we are on the same page here. The cost that I mention offset the money they are making, Credits and Debits baby. Or maybe I am digging a deeper hole. I'm no T.Boone.
 
Quote from turkeyneck:

Is that the reason why oil is down today even after the Russians destroyed a pipeline in Georgia?

You have to be really carefully with the news. It isn't straightforward. I mean Russia invades a country and the ES is up substantially, and the ZB and ZN are down. Go figure.

Price behaviour is everything. Other than knowing when key reports come out everyday, I completely ignore the news.
 
Quote from johnpinochet:

Price behaviour is everything. Other than knowing when key reports come out everyday, I completely ignore the news.

True, but it's important to observe how the market REACTS to news. That can be most telling.
 
You can tell most of the time, if there is news on a stock, or index most of the time. There will be a price and volume spike. If there is no spike it wasn't that important. I still like knowing whats out there on the stock though. I hardly ever trade without some sort of internet news open. Now the tv I can do without.
 
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