"This selloff seems to have some power, as the oil price hasn't gone positive yet, something I expect to happen when the margined oil players come in and squeeze things up. We remain hostage to those shenanigans, because there are so many oil and oil-related stocks that can rally with them. Watch Transocean (RIG) and Occidental (OXY) and Anadarko (APC) for clues." ("Banks Can Stanch the Bleeding," 6-8-09)

"This selloff seems to have some power, as the oil price hasn't gone positive yet, something I expect to happen when the margined oil players come in and squeeze things up. We remain hostage to those shenanigans, because there are so many oil and oil-related stocks that can rally with them. Watch Transocean (RIG) and Occidental (OXY) and Anadarko (APC) for clues." ("Banks Can Stanch the Bleeding," 6-8-09)

"This selloff seems to have some power, as the oil price hasn't gone positive yet, something I expect to happen when the margined oil players come in and squeeze things up. We remain hostage to those shenanigans, because there are so many oil and oil-related stocks that can rally with them. Watch Transocean (RIG) and Occidental (OXY) and Anadarko (APC) for clues." ("Banks Can Stanch the Bleeding," 6-8-09)

"The wise profit-takers are in on Apple (AAPL) which, of course, then knocks down all of the other players in the group, which is par for the 'stupid' but gameable force that is this market." ("Banks Can Stanch the Bleeding," 6-8-09)

"The industrials are pausing because the commodity rally, which takes its cue from oil, gold and Europe in that order, has not a thing going for it right now. Caterpillar's (CAT) on the case there as an indicator, along with Freeport (FCX) and BHP (BHP), the China plays." ("Banks Can Stanch the Bleeding," 6-8-09)

"The industrials are pausing because the commodity rally, which takes its cue from oil, gold and Europe in that order, has not a thing going for it right now. Caterpillar's (CAT) on the case there as an indicator, along with Freeport (FCX) and BHP (BHP), the China plays." ("Banks Can Stanch the Bleeding," 6-8-09)

"The industrials are pausing because the commodity rally, which takes its cue from oil, gold and Europe in that order, has not a thing going for it right now. Caterpillar's (CAT) on the case there as an indicator, along with Freeport (FCX) and BHP (BHP), the China plays." ("Banks Can Stanch the Bleeding," 6-8-09)

"Which leaves the banks, and they surprisingly are strong, no doubt because there have been no new deals filed. That should last the whole day. The bears have done their best to flood Wells Fargo's (WFC) name with lots of negativity, no doubt to somehow create the impression that another deal is necessary to pay back TARP. I think when we see the quarter -- which is a huge beneficiary of the housing bottom that everyone seems to know but the press -- we will be blown away by the money that's being made here." ("Banks Can Stanch the Bleeding," 6-8-09)