seriously ?

Why I'm Committed to the UltraShort Financials ETF

Dear Jimmy,

This is a trader driven event. It is not a systemic event.
Agreed, but if this is the case why do you keep talking about BAC's fundamentals as if they really matter here ? SKF is clearly in a speculative "bull" phase. May be a good short term play, but how much lower can BAC and company go ?

We all know the entire herd can't feed at this trough, especially as it is herd...err.....trader driven ... right ?

Global 'Oil Shock' Rattles World Stock Markets

wow. One of the best articles I have read here.

Synopsis of what I think is the "elephant in the room" when many economists speak of the current "crisis" . No one seems to disagree that we are running out of oil, but then no one wants to discuss the major implications for the global economy.

Tons of trading ideas in here as well, longs and shorts.

I think nuclear power is the only way out of this mess.

Goldman's $200 Oil Call and the Hurricane Premium Theory

I don't really see an end to high oil prices either, but as some point people will simply stop having enough to pay for it and something drastic will happen. What if say, $150 oil is enough to completely kill the american consumer ( if it isn't already dead ) and it throws us into a depression via runaway inflation. What if the petrodollar collapses due to this or simple lack of confidence in our economy ?

I am definitely bullish on oil, but I fear it's gains are at the direct expense of economy/dollar ( unless the fed miraculously stops behaving so masochistically )

What about buying oil sand trusts with the loon... havent made that trade but was def an idea. You get the currency moves + high yield + oil price moves ... seems pretty good to me.