Links, Charts, Data, and a Quote ~ market folly

Thursday, October 9, 2008

Links, Charts, Data, and a Quote

Mark Cuban is going long, if that means anything at all to you.

EarningsBreakout posts up Mastercard (MA) consumer spending data. And, as expected, the numbers are down.

Contrarian Profits thinks the only safe oil investment is tanker ships. (I have slightly different thoughts and will have a post about oil plays coming later on).

Energy analyst Gregor Macdonald points out that the Energy Sector Bullish Percent Index is at its lowest reading in 10 years:

(click to enlarge)

Steve Puri says the charts say buy:

(click to enlarge)

and appropriately, I leave you with a quote from Warren Buffett:

"Be greedy when others are fearful and fearful when others are greedy."

blog comments powered by Disqus