MARKET COMMENTARY on MARKET COMMENTARY on Friday: 05/09/08 10:30 AM EDT : In overnight trading, the price of a barrel of light, sweet crude oil for June delivery was up over $126.00. The price has since retreated but in recent trading it was still up over the closing level of yesterday's regular trading session. Inflation is also bad for bonds and traders there are looking ahead to next week's release of the Consumer Price Index, a key gauge of inflation at the retail level. Buying activity at the retail level will also be addressed next week in the monthly report on retail sales. These and other economic releases are expected to be positive for bonds but this leaves the market vulnerable to surprises. -- Our Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter. This month's issue includes topics such as: "First Time Buyers' Dos And Don'ts"; "Taking The Real Estate Investment Plunge"; "Tax Rebate Uses For Buyers"; "Review The Landscape Before You Buy Or Sell"; "Housing Bills Will Help Homeowners And Economy".