$100 Oil
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 |

February 20th, 2008 at 8:49 am
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!