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  • Buying USO Is a No-Brainer [View article]
    Technically speaking, this decline looks so orderly that I don't see what the rush to get in would be. But if it gets to $25, that's a falling knife I'd lunge for, with an eye to the long term or a spike due to instability of some kind.....
    Dec 26 08:55 am |Rating: +1 0 |Link to Comment
  • Is the Second Great Depression Imminent? [View article]
    I agree with you wackywebname...... At $147/bbl everyone thought that $200 was around the corner.
    But look at how powerful demand destruction is. We aren't talking about oil being 10%-20% down from the top, either. And, it may well go lower!
    Dec 16 06:56 am |Rating: +1 0 |Link to Comment
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