The Current Bear Market: Death by a Thousand Cuts [View article]
Great article. I agree with (and fear) most of your predictions.
We have not yet hit a long term bottom, because there is still hope out there. We need complete capitulation and no hope for the better to reach that.
I have been short the past 2 months and this week covered my shorts and went long (hoping for a short term rally), so I am experiencing your slow torture firsthand.
It seems that a sound energy policy is something the US needs long term, but do either of the candidates have this as a priority? Wouldn't a short term fix for the US economy be a lower oil price? How could your authorities shake out the oil speculators to achieve this? So many questions to which I would love an answer.
Are Hedge Fund Programs Driving the Market? [View article]
The Current Bear Market: Death by a Thousand Cuts [View article]
We have not yet hit a long term bottom, because there is still hope out there. We need complete capitulation and no hope for the better to reach that.
I have been short the past 2 months and this week covered my shorts and went long (hoping for a short term rally), so I am experiencing your slow torture firsthand.
It seems that a sound energy policy is something the US needs long term, but do either of the candidates have this as a priority? Wouldn't a short term fix for the US economy be a lower oil price? How could your authorities shake out the oil speculators to achieve this? So many questions to which I would love an answer.