Rita Not As Bad As Katrina?

It is tough to tell right now, but it looks like the results of Rita are going to be less severe than what happened with Katrina. I think we are going to see a big relief rally early next week - with the following sectors selling off: oil and gold, and the following sectors rallying: tech, financials, homebuilders, etc.

It will be interested to see how things turn out. I will keep an eye on the news this weekend. Also we should see the research reports out by tomorrow on GNTA and ADSX.

Regards,

BG