Nyet!

Well, yesterday I falsely assumed oil might be nearing some kind of bottom. Nope! This is a bear market which has legs. One idea offered yesterday was to go long Russia as a countertrend play, but as oil continues to collapse, Russia is following right along (since, like Tesla, they’re kind of a one-trick pony).

1210-rsx

 

 

This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...

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