TSG – Stocks, another hop in the two-step…

Dear Trader,

TSG Stock Market Letter
Week Ending August 8, 2008

Topics Discussed This Week:

* Rally on…again
* Leaders swing low
* Earnings falling again
* Service sector falling faster than manufacturing
* But consumers still borrowing
* Popping commodity bubble continues to lift stocks
* Solving the Energy Puzzle, Challenges & Opportunities … Dear Trader,

TSG Stock Market Letter
Week Ending August 8, 2008

Topics Discussed This Week:

* Rally on…again
* Leaders swing low
* Earnings falling again
* Service sector falling faster than manufacturing
* But consumers still borrowing
* Popping commodity bubble continues to lift stocks
* Solving the Energy Puzzle, Challenges & Opportunities Part 1

This week the see-sawing continued except that the final tally
was positive thanks in large part to declining commodity,
especially oil making it the best weeks for stocks since April.
But the 331-point Dow Tuesday on the Fed’s decision to hold pat
on interest rates was misguided – they held pat because the
economy is too weak to take the strain of a rate rise. And then
there was more bad earnings news. That investors are betting on
a bottom while ignoring the torpedoes was obvious by the more
than 300-point rally Friday by the nearly $5 drop in oil.

However, there is no ignoring the fact that techs and transports
were up strongly and that is usually a positive sign.

But how long will it continue?

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To read this week’s STOCK letter, please go to
http://tradesystemguru.com/content/blogcategory/34/68/
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Also be sure to read part 1 of our new series
Solving the Energy Puzzle – Challenges and Opportunities
http://tradesystemguru.com/content/blogcategory/47/81/
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