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.

Cheap Crude: A Flash in the (Oil) Pan

Just one thing, don't forget that it actually costs something to get the oil out of the ground. For this reason alone I don't see it going below $40. I see it being around $80 in a few months after the panic about us going into depression subsides. Remember, there is going to be only one end of the world, and this is not it. And we are pricing like there is no tomorrow at this point.