financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

$100 Oil

February 19th, 2008 by reality

Oil at $100, credit markets continuing to deteriorate, yet stocks continue at astonishingly high levels. Sustained by looking in the rear-view mirror, I guess. Bearish sentiment is pretty high by bull-market standards, and that’s encouraging some technical buying, I think. But it’s a bear market now. Still short after all these years.

Ah well, at least Hillary’s campaign is sputtering. Too early to count her out, I suppose, the insiders have yet to vote.

Posted in Fixed Income, Stocks |

One Response

  1. Remnant Says:

    This election will be rigged just like all the others. If the PTB want Hitlery to be Pres then she will get elected no matter what. Or Obama will get elected then take a fall.

    It’s just like “pro” wrestling!

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