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Rooster Research
Boone changed his tune (on oil & gas)
The News
Monday, 05 May 2008

A change from the last posting on oil.  T. Boone Pickens, in a recent interview, noted that he had "long ago" closed his energy short positions and went long. Oil has touched $120 and is bouncing around.  Recent market activity and the Fed's decision for what could have been one last 25 basis point cut, indicates a bear rally perhaps in tech and financials. We're not sure if that means raw materials mania is down due to spec money going to stocks, assuming some think a recovery of some kind is possible or if it means more demand for commodities assumed in the cash market.

 

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Oil's slippery short-term slip
The News
Thursday, 28 February 2008
Boone mini-bust or a different kind of "Greenspan Put" for energy traders!
Last Updated ( Thursday, 28 February 2008 )
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The Second Year of Rooster Research 2.0 and the start of our model fund
The News
Thursday, 14 February 2008
A quick dash is what it all feels like. But we're happy to witness the second year of Rooster Research 2.0, sporadic and uneven foray into covering the markets from a speculator/investor's point of view, an investulator, or is that specvester? The slow, steady progress of our best ideas, in terms of market leadership, some of which we captured in our portfolios, was matched by the fast declines in equity wrought by ill-conceived or badly executed trades in the short-term madness of recent months.
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