HAPPY HAPPY

Markets are set to rip higher on the open as it looks like the 2 day RSI and the VIX/VXO buy signals that hit yesterday look like they are ready to clam victory again. The overseas markets are also strong with the CAC FTSE and DAX all way up.


One stock that I have had in the long term portfolio for quite some time is LSS- It is being taken out this morning at $67.5 or about a 40% premium as I shake my head wondering couldn't they have gotten it for $55 or $60. Maverick Tube, in the same line of business was taken out several months ago at a large premium and there were always rumors that LSS was next.

And how about T Boone Pickens- yes, he is bullish on oil.