You guys are all on wishful thinking. The biggest wishful thinking is "oil prices are manupilated by speculators, so that its plunge has no indication on global recession." Just hope, yeah, but you can keep that up until DOW are under 10000.
Philip, I think today's market gives you a lesson, which is :" There is nothing you can actually cheer about the plunge oil price that reflect a deeper global recession." Now every sectors will be sold-off and the bear market is just about to begin.
Options Trader: Thursday Outlook [View article]
Just hope, yeah, but you can keep that up until DOW are under 10000.
Options Trader: Thursday Outlook [View article]
Now every sectors will be sold-off and the bear market is just about to begin.