Panskeptic

ETF Update: Financial ETFs, Energy Exploration and ETFs

As has been pointed out by others, the ones calling for a bottom in financials didn't see the crash coming, so who cares what they think?

And if you started tomorrow on offshore oil, it wouldn't hit the market till 2030, and at present consumption rates, we'd use it up in 2 1/2 years. This theater is just to pacify the oil guys who go nuts whenever you say, "Sorry, you can't drill there. No, it's the Washington Monument, you can't put a rig there. No. You can't." And Texas oil guys go "Whaaaaaaaaaaa!!!"

Tom, you're spending too much time with Fox Noise. All that happy talk is bad for your judgment.