It’s Time to Keep Your Eye On More Than Just Hurricanes
Jul 31st, 2008 | By Jim Stanton | Category: Oil Investment & Alternative EnergyThe last time we checked in, I had written about a potential Dow Theory buy signal. Lo and behold, the very next day the indexes reversed and started moving higher. Primarily due to frantic short covering in the financial sector, it was still helped along by declining oil prices and a little government intervention in the short sale department.