mangolfer

Just a Commodities Correction - Not the End of the Bull (Part 2)

Good post CLH. Very true... I'm puzzled why people are long oil right now, probably bought in earlier and will lose a lot. They will lose more if they don't get out now, unless they want to hold on for many years to see if it ever comes up to the bubble level again. Everybody everywhere is reducing consumption. I believe, once we break $100, it's bottomless. $80 oil here we come.

U.S. Energy Demand Outlook

Thanks for the weather forecast. I bought DUG on Tuesday and have made "mucho dinero"....