JKC1967

Four Reasons We're Headed Even Higher

One thing about this author Jason Schwartz. Last summer, with oil at something like $140, he wrote an article entited "Oil is Going to $30". Dude got so many nasty comments, it was ugly. Sure enough, six months later, oil had bottomed out right around...you guessed it....$30. So, when this man writes something, it pays to listen. Now, I personally think this is a speculative rally built on sand, but if this guy thinks otherwise, its enough to make me take a long hard look at his arguments. Lots of people write out of their ass on this site, but this guy has a track record!

Eight Reasons Bank of America Is Going to $20

One thing about this writer Jason Schwartz: In summer of 2008 when oil was still above $100 and the news was totally "demise of the dollar," Jason wrote an article here on SA essentially saying "Oil is Going to $30 and Dollar to Strengthen Dramatically" (or something like that). He said he was Long USO and UUP. Of course, about 50 people jumped in and ripped him to shreds, but I guess Jason kind of got the last laugh on that one! Point is, every once in awhile, a good contrarian analysis can help us see things from a different perspective. I have no idea if Jason is correct in his BAC comments here, but I hope he keeps writing to express out of the box views.