Never buy cyclicals when they are posting peak profits. Buy them when they are in the basement because prices have collapsed. But that is so obvious only trend-follower headline-chasers miss it.
Oil prices are going to go right on collapsing because at these prices demand halves in one decade.
Oil: The Inconvenient Truth [View article]
Oil prices are going to go right on collapsing because at these prices demand halves in one decade.