synergize (97.00)

June Bullish Industries is Back

July 31, 2008 – Comments (0) | RELATED TICKERS: GMXR , CLF , PDO

 I posted a blog below about the June Bullish industries.

http://msncaps.fool.com/Blogs/ViewPost.aspx?bpid=69617&t=02003585694516828674

It's dominated by Oil/Gas companies and Steel/Iron companies. Yesterday these same industries and companies are advancing which posed a threat to positive job report. June (until July) the overall market was bearish pretty much due to high oil gas prices. Also yesterday's news about worries on oil supplies triggered the price to go up for crude oil.

Will the market ignore the oil threat?

"We need change before oil changes us"