CAPSTONE ACTION

Shows me specualtion is as feverish as ever, as players think how to PROFIT from the natural disaster Katrina, it ain't sick it's America. Even goofs calling into Cramer with Katrina plays, how wonderful.

Did you see the miles and miles upon miles of land under water? And it hit the poorest worst. A whole city out of action plus Mobile and others for months and months.

High oil is causing a stampede to alternative enrgy plays, but like above article, these companies will run out of cash before ever sniffing a profit, be careful here.These little gems could become very volatile.

2 better companies IMHO are HYGS and QTWW, more going for them in long run. I do not own shares at this time. HYGS has good resistance near $4, PBW is a clean energy fund, more diversified if interested.

A lot of bad things swirling around IMHO, and it isn't like consumers are already sitting in catbird seat either.

Long time bulls have not changed their stance on iota. $65 oil no alarms, but $70 yes?????

Energy play couldn't be more exposed and loved.

Future growth and SPX profit growth at risk.

In Sept, volume should increase, rubber will meet the road and it may burn.

Are you just sitting there fully invested in stocks? Maybe good time to talk to a pro and make sure you are diversified in a way that makes you comfortable, IMHO over exposure to stocks could be short to intermediate term painful.

And your goals might be different if you are closer to retirement than if your time horizon is much farther out. I would RAISE CASH levels to at least 25% maybe 40% so if a decline of measurable intensity arrives, you will have CASH to buy at much lower levels, if FULLY invested you can't do that....and I find little to convince me broad economic expansion is around the corner.

Duratek