The day when we rallied in the motion and then gave it up right before the close. The dow inching up eight points and the s p declining. 1 and the nasdaq plunging. 7 higher. I like to look at this, and like all healthy bull markets ignores bad news and focuses on good news. Any bull move, any, can be sung to the tune of johnny mercer, acentuate the positive. This is Glass Half Full market. Let me show you how it really works okay . Because so many people have forgotten what theyre like. Im not talking about the faux bull market leading up to the crash of 2008. That market was led by china, not us with the minerals, coals and fertilizers and heavy Capital Equipment stocks leading the way. No, that had no breadth. Real bull markets are almost always rotational, rotational in nature and they have enduring qualities like perpetual Silver Linings as well as innumerable buying opportunities that must be taken. Buy, buy, buy before they disappear. The best look at the average to ponder over t
Minister decides, relatively autonomous. How big is the dividend going to be . Be government is still going to be relying on amex in the early years. In a put the money in the upstream rather than the downstream . This remains to be seen. The sixth is trusting the market. If it turns out the best economic proposition is to import gasoline, will that be ok . The seventh is local content. There is talk about the need for local content rules. What will they be . Will be like brazil . It is not intended to follow the brazilian model. I think there are for terminus opportunities for mexico were. First, it is to be best in class. This is a government and do structural reform and move quickly. Among the other countries, it implemented well. This will move mexico to the class not just in energy, but a country to invest in. The second is prosperity. Obviously if this work, you positive traits for manufacturing, job creation, and in terms of Energy Investment if this model works away it is desig
Closing below 1400 for the First Time Since june. Markets around the world are holding their cheollective brea as the allies and the u. S. Weigh options against syria. And such at a tack on syria could send crude surging to 150 barre barrel. And jpmorgan is going to settle lawsuits settled from subprime mortgages. The nasdaq and the s p coming off of the worst levels. And the fears of u. S. May attacking syria in the next few days, stocks are posting the biggest drop in eight weeks on the syria concerns. There is some line of thinking, jim, because today is a big event on the National Mall anniversary of the i have a dream speech, that the president may not act today and he is overseas and so a window of thursday and friday where if they are going to dit, they will do it. I read the speech again and i have to go listen to it. I do, too. And we listened to it tomorrow. Yes. It is on youtube and even though it is online, it is not part of the public domain. True . Yes, we can only play s
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