6.05.2008

XLE Alert

My XLE analysis is correct so far, and if it plays out, we will see all time highs in the XLE, to somewhere around $95, over the next several weeks.

By the way, it turns out, tomorrow's job report was expected to lose 50k jobs, but an analyst reported that the number should be closer to +20k jobs instead. Which could explain why we had a nice rally across the board today..

tb

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