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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (74229)11/17/2006 10:16:32 AM
From: forceOfHabit  Read Replies (1) of 110194
 
Crimson Ghost says: Almost everybody credits the big drop in oil prices as being a key factor behind the strong stock rally this fall.

Do you disagree?

mish replies: Yes - I disagree
Stocks rallied because sentiment got too freaking bearish is more than likely the correct answer.

I sez: And what do you suppose drove bearish sentiment? Maybe record high gasoline prices? Maybe Goldman claiming oil was headed to $100 barrel? Just curious.

foh
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