Commodity Bubble Proponent

Options Trader: Thursday Outlook

Phil,

I'm a little bit confused. Help me out here.

Jim Rogers (one of my favorite commodity perma bulls b/c of the bowtie that makes him look like pee-wee herman) is on the rampage about how oil's record run is years away from ending. Ok typical bs out of that guy.

But literally in the next sentence, this dorkhead then said that he's purchasing airline stocks all over the world because they can't go down any farther since they are basically bankrupt.

www.bloomberg.com/apps...


Now, I'm a little bit of an amateur market watcher but how in the hell is the airline industry supposed to survive in an oil market that goes up up and up forever??? If $125 oil is a crisis to the airline industry, what do you think 200 or 300 dollar oil would do to it?

The bullshit train just keeps going

BTW...since all of the developing world economies can afford oil at $125 as the oil bulls so proudly complain, then why is Pakistan buying oil on a deferred payment plan?

www.bloomberg.com/apps...