2$ GAS?

September 1, 2006 (FinancialWire) (By Frank Kollar)

According to Oil Price information Service, the cost for a gallon of gasoline could decline as low as $2 in coming months. A quick look at the tea leaves shows crude oil futures remained at about $70 at Thursday’s close and Iran has again defied the United Nations by saying they will not back down on their nuclear program, thus keeping tensions high on the oil market.

At Fibtimer.com (http://www.fibtimer.com) we are of the “Show Me” state way of thinking. Don’t count on $2 gas anytime soon. Don’t count on Iran backing down. But gas prices are easing and oil supplies are better than expected, so look for the financial markets to continue moving higher.

Frank Kollar has been timing the financial markets since 1982, with online service since 1996. He is a dedicated trend timer and his strategies exited the markets before the crash in 1987 as well as the bear market in 2000 through 2002. During the 2000-2002 bear market, his bearish positions resulted in gains exceeding 100 percent, all achieved by trading trends.

Kollar’s research has shown that the financial markets are in tradable trends approximately 80 percent of the time. FibTimer strategies define trends and trade them in both advancing and declining markets. Caring nothing about what newscasters say or what the latest economic indicator predicts, trends are where the profits are, and that is where FibTimer is.

Kollar is editor and chief analyst at FibTimer.com (http://www.fibtimer.com) which offers market timing strategies for S&P and Nasdaq index fund traders, as well as bond, gold, small cap, sector, ETF and stock trading strategies.

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