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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 693.77-0.2%Jan 13 4:00 PM EST

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To: Johnny Canuck who wrote (44855)6/16/2008 10:23:39 AM
From: Johnny Canuck  Read Replies (1) of 69735
 
Energy Bubble Will Burn Bulls Just Like Tech Did, Says Top Investor Herro
Posted Jun 16, 2008 07:30am EDT by Aaron Task in Investing, Commodities
Related: XLF, XLE, GM, F, OIL, USO, DUG
David Herro, Harris Associates' chief investment officer (international) wasn't named one of SmartMoney's "World's Greatest Investors" of 2007 by following the crowd.

So it's probably no surprise Herro is betting against the herd's current fixation on commodities. Herro, who oversees about $20 billion in assets, believes commodities are a bubble ripe for popping, with oil most vulnerable to a big downtown

finance.yahoo.com
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