Get out and VOTE!
November 4th, 2008Ok well the day is finally here….I voted right after I got off of TV this morning. I was called in early to Fox Business to talk to Charles Payne about what the election may mean for alternative energy.
Ok so after I got off the air I drove to my polling place here in CT and voted…. No I am not going to tell you for who…I will say though that I am really encouraged to see the long lines at the voting booth, it shows American’s care.
No matter who wins this election I think we should all feel blessed that we have the right and ability to vote and choose our leaders.
As far as commodities go, well we are seeing the boost I expected as the dollar falls and oil rallies strongly on the idea of an Obama victory.
Why is that?
Simple. OPEC is afraid of an Obama “conservation” presidency and will defend $60 strongly.
The weaker dollar is another big factor and that will help support many commodities. Meanwhile my e-mini S&P position in GCA is coming back strongly today.
On a final note, for those of you from my former publication (name withheld) some of you have written in and asked me about those positions…I did say I would track them and I will give you my opinion but clearly I no longer run that portfolio so this is just my opinion.
I will do that report in tomorrow’s blog when we see where the markets settle today and I can review those positions today. In the meantime, be sure to get out and vote! I was scheduled to be on CNBC tonight and may still be I am just waiting to hear so I will keep you posted if I am going to be on. Nice rallies in most of our positions today
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