Mid-Day Readings...

• Last week's Petroleum Summary. Pay attention to the recent increase of diesel versus gasoline prices. Typically, gasoline is cheaper at the pump than diesel. Currently, this isn't the case. Down here in Texas...diesel is running over the $2.00/gallon mark while gasoline hovers around $1.85/gallon.


• The trend towards clean energy and IT's ever increasing role. Read on...


• da Vinci a Robotician? Amazing how little we've come in 500 years. Read on...


• Really interesting blog from Warren Meyer. The CoyoteBlog. Dig the name. Don't miss his post on the 2008 election here.


• Great insight into foreign ETF's by Roger Nusbaum from Random Roger's Big Picture blog. I have watched the TRF fund from the sidelines for a year or so. But, the CEE fund looks a bit more interesting with its greater emphasis on banking & energy. I also like his write-up on Turkey. Read on...

Take care out there. I have a performed various backtests of the concept of extreme range expansions immediately followed by extreme range contractions. In fact, I have a few systems geared towards this effect. Typical results are a sudden expansion out of the contraction in direction of the previous range expansion. Say that 3 times really fast. Ha ha.