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galewhitaker » Comments » BAC
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Last Thursday Was the Bottom - It's Time to Get Back in [View article]
What about energy? The reason that oil is down from $120 is "demand destruction" caused by the recession. As soon as the economy starts to recover the price of oil is going to skyrocket. This built in inflation will cut the market off at the knees. I'm glad that you and your friends are jumping in. As soon as this market starts to rally I'm going to short the daylights out it.