Pilm

Wachovia's Rally & Oil's Decline: Rotation from Energy to Financials?

why financials? why not! they've been beaten to death, and would be an easy market to create a short term bubble on. once oil money begins to pour in and prices rise, everyone will jump in (panic buy) and prices will bubble. then in 6 month to a year they'll exit to create another bubble somewhere else. financial bubbles are a part of investment life now, there are just way too many $$$ out there to avoid it.