Stock Trader Larry

Why Shorting the Market Makes Sense Above 980

The average hourly wage in the U.S. for May 2009 was $18.54, not anywhere near the $10.00 stated in the article. I'm not sure why someone would list such a misleading number in their article when the information is readily available:
www.bls.gov/eag/eag.us...

$25 Oil Could Happen Before a Return to $100

I agree that Oil may be going towards $25 before $100 also. With U.S. unemployment rising; continued consumer pessimism in the economy; global demand slowing; and the current possible false market support based on a hope for a market bottom around Holiday and winter seasonality; continued consumer debt problems will cause them to continue to cut back on driving to pay for basic necessities first.