richrdinbellingham

Wachovia's Rally & Oil's Decline: Rotation from Energy to Financials?

Great observation, there indeed has been a rotation as the yen carry traders sold oil, and this prompted a sell off in the energy shares. They bought housing, financial, consumer services, retail, real estate, private equity, preferred and mortgage REITS.

Yet this "rally of the dogs" will soon be over.

I recommend that one day-by-day, dollar cost average invest in gold as per the linked article.