Melancholy Korean

OPEC's Move to Devalue the Euro

gonna be a bumpy ride, especially with Tricky playing his stupid power games, but I think you're right. Dollar's still got room to strengthen, oil is overvalued, but shorting euro - dollar is a safer way to play than shorting oil. oil is now in stupid bubble territory. explosive upside moves, even to ridiculous levels like 200 or 250--that Russian oil minister think he's Henry Blodget?--are no longer off the table. but eventually, oil (tulips, corn, wheat, silver, gold, tech, housing, energy stocks, Nifty Fifty, South Sea Trading, railroads) will come crashing down.