Forget $100 a Barrel - Oil Will Plummet to $30 [View article]
Wrong. I sold all of my oil stocks very near the top. But I will be buying back waaaaaay before $30 a barrel. None - repeat NONE - of the alternative sources are competitive against $30 oil. It just ain't going there.
This is a well understood trading technique. I have software for back-testing and buying the biggest decliners at an interim or final bottom works a huge percentage of the time for a quick buck.
Forget $100 a Barrel - Oil Will Plummet to $30 [View article]
A 'Buy the Loser' Rally [View article]