inthemoney

Dow 10,000 and More Irrational Exuberance

DCB, exactly. Is the same situation as with oil. The big money is behind the run up, the are cheerleading evrybody on so 1. they can squeeze the shorts then 2. they will sell to the retail investors and 3. they will equally enjoy the ride down.
The junk stocks are up 100-200-300%. These are no mautual funds and real investors buying, these are some active traders with big money buying to get the short squeeze.

T. Boone Pickens Holdings Down Nearly 20% This Quarter

> Commodities go up (sometimes in a bubble) but long term they remain the same except for inflation. There is no shortage of any commodity. When this correction is finished, the value of all commodities will be the same as 2000 or 1940. Buy them and ride it down.
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That might be. But it doesn't mean energy companies cannot appreciate faster than commodities. Even if they appreciate at the rate of inflation, it is better than holding money in a bank account with 1% interst. Citibank pays me 1% interest on my cash, it is a disgrace.