Is Oil Ready To Bounce?
My answer? Maybe. Not so helpful, eh? I will say this, however: we are at levels now not seen since the deepest depths of the financial crisis (remember that? It was about 300 years ago or so). I think energy is in serious trouble long-term, but I’ve stepped up with a medium-sized long position. Oh, and hey, Slope Plus folks – regarding the idea from a couple of days ago – I am long that position too.
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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