rcraig

Is There a Bounce Opportunity in the Energy Sector?

What do you expect when all the CEO's are playing catch up with Bill Gates and Warren Buffet. When all the money the compaies make goes to salaries and compensations you expect the numbers to look a little odd.
What needs to take place is a freeze on executive saleries until the financial mess is cleared up. This is a little extreme but an action that needs to be done to flush the good old boy network out of the market and allow reasonalble people run the companies.
The other thing the government can do for the economy is freeze the use to automatic computer generated trades.
With all the profits the oil companies are making they could create or manipulate an alternate energy source to complement the auto indutry without skipping a beat in the economy.