The Week Ahead: I Called the Bottom [View article]
You called the bottom of what? Are you saying that this low volume bull trap rally was the beginning of a surging new econonmy/market. With the price of oil gushing past $129 and consumer confidence droping out of sight I suggest that the bottom is ahead of us and it may be far below your expectations. Never in history has energy been this expensive in relation to wages. With the price of crude at $129 I think the price of equities is way to expensive.
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You called the bottom of what? Are you saying that this low volume bull trap rally was the beginning of a surging new econonmy/market. With the price of oil gushing past $129 and consumer confidence droping out of sight I suggest that the bottom is ahead of us and it may be far below your expectations. Never in history has energy been this expensive in relation to wages. With the price of crude at $129 I think the price of equities is way to expensive.
May 20 12:23 pm
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