Stock Market Commentary 20080903


30 day stock market range contraction looking to break soon. Beware initial move as false break head fake. Bear market still macro theme, not withstanding short term seasonal /polititcal "rally" mischief. Oil potential buy set-up along with other select commodity related sectors/futures markets, DIG,XLE,XLB,USO,UGA,UNG,GLD,GDX etc: looking attractive but not all will rise together as strong as previously. Repeat: SELECTIVE Commodities trade begining early line up.