karchad

Thursday Outlook: Commodities, Emerging Markets

All in all, the market isnt exactly down since, say late January. Pretty long time for the doomsdayers to keep hoping it tumbles again. With all this bad news: oil, banks, housing,"inflation", the market still doesn't tumble. That tells me more than all this phony technical analysis

Is Oil a Bubble? Part One

Hard to believe, that given what we went thru with tech stocks, that there are still people willing to tell me that "it's different with oil, it's going to keep on going up and up and up".... The books are right, there can be a million speculative bubbles, but people will still believe that the million and first is not a bubble.