Stock Market Commentary for 8/25/08

This past week was highly eventful, with the DJIA losing about 400 points on Monday and Tuesday, but regaining about 300 points on Thursday and Friday. Crude oil prices moved in the reverse order, finishing with a drop of about 5 dollars back to 114 dollars a barrel on Friday. Equity futures appear positive for Monday's open, so we can hope for a continuation of Friday's rally in which the DJIA gained nearly 200 points. Our Viable Acquisitions Index also rose on Friday from 47 to 65 for Monday, but this is still in the yellow cautionary zone. A lot of money has moved to the sidelines, so that, when markets finally rebound, the rebound will be very convincing.

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Best wishes, GH

The HHI Index for Monday, August 25, 2008 is as follows:

+7 (very strong buy) — ROCK, /

+6 (strong buy) — FFKT, MED, FRD, THMD, /

+5 (buy) — PARL, LDG, /

+4 (hold) — WIBC, ENG, NWY, SCL, IKN, NTES, /

Daily Stock Market Commentary is accompanied by a daily Bible Reflection.

• Today's Bible Reflection: Reflections on Psalm 48
• Yesterday's Stock Market Commentary
• Yesterday's Bible Reflection: Reflections on Psalm 47
• What is the HHI Index?

_{The HHI Index is a list of stock ratings derived from a proprietary computer model and are being shared as a public service with no guarantee of or responsibility for trading success. Readers are strongly encouraged to do their own research and to exercise caution in all trading activity. Click here for an explanation of the HHI Index.}

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