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Author: Michael Kahn

Boycot BP?

I remember not buying gas from Exxon between the Valdez oil spill and the merger with Mobil. That’s a lot of years! It was my way of getting back at them for the damage they caused. Even now, I still avoid Citgo due to its...

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If Grandma had wheels…

If grandma had wheels she’d be a bicycle.Uh, yes, perhaps.I was on a conference call with a fund manager this morning and don; get me wrong, he knows his stuff in his core area. But when he said this you could see the...

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Debbie Downer

For my third post of the day, I have to apologize to radio listeners in the Concord, NH area. I was intereviewed by Bill Kearney,Vice President Wedbush Securities, on his Financial Spectrum show (WKLX) and I left him – and...

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Halliburton

When I proposed the story for Tuesday’s column, my editor grilled me on how the charts can show anything when news totally dominates. After all, if there ever were a group of stocks more on the hot seat with the gubment...

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I have gas

With gasoline prices at the pump slowly falling and purveyors of “drill, baby, drill” out of favor it does seem that the time is right for natural gas. Again? That trick never works.- Rocket J. Squirrel...

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Comments on today’s column

I just want to stress that I was looking for possible leaders once the energy sector stabilizes. Death crosses are about to happen – if they have not already – in many places. The OIH oil services ETF, for example,...

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More on 1930s

Larry McMillan had a nice piece in MarketWatch about how the current market compares to the 1930s as well as a few other bear markets. We posted a comparison to the 1930s here last week so scroll down to see it.Quote:So, we have...

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1930s redux

Not politics – just a buildup to the chart.Even if you think Glenn Beck wears an aluminum foil hat to protect from mind control waves I still think everyone would benefit from his history lessons. And if that is not...

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Buy oil stocks now?

I cannot give too much away here (what else is new) because I plan to do a bigger treatment next week but in case you thought capping the well would make BP a good buy…..This stock is not even oversold anymore. Besides,...

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