This next run up is it. It will be a move so directional, so long lasting--it will literally knock a number of bear blogs off the internet. I didn't see bear sentiment this thick during the march 2009 lows
find me one blog or analyst that isnt bearish or cautious over the last 2 weeks.
This oil leak is not being properly reported or fixed. Combined with escalating korean and Iran geopolitical tension--we WILL see oil return to 110 or above..
There is absolutely no way in Hell we don't at least retest dow 12k or above, if an oil squeeze occurs. Virtually every XLB XLB MOO component will have a vicious squeeze.
Clean tech, food, and Bric nations will lead this next run up. When speculators realize that this oil situation will lead to a PERMANENT freeze in offshore drill expansion--they will pounce. The fact that the euro is about to squeeze to 1.40-ish will only worsen the situation
find me one blog or analyst that isnt bearish or cautious over the last 2 weeks.
This oil leak is not being properly reported or fixed. Combined with escalating korean and Iran geopolitical tension--we WILL see oil return to 110 or above..
There is absolutely no way in Hell we don't at least retest dow 12k or above, if an oil squeeze occurs. Virtually every XLB XLB MOO component will have a vicious squeeze.
Clean tech, food, and Bric nations will lead this next run up. When speculators realize that this oil situation will lead to a PERMANENT freeze in offshore drill expansion--they will pounce. The fact that the euro is about to squeeze to 1.40-ish will only worsen the situation