Peak Oil, or Oil Bubble? Message Board

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Gold/Mining/Energy : Peak Oil, or Oil Bubble?

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To: saveslivesbyday who wrote (198)	7/14/2008 10:28:36 AM
From: John Vosilla	Read Replies (2) of 229

You certainly have to adjust..throw the other stuff out the window but the TA, the cycles, they never change, nor does the public seemingly always so tied into the story of the moment.. Just the fact everyone talks so much about the housing/mortgage crisis these days tells me that play is not where to concentrate on at least with regards to the stock market.. No one is out in front of that story anymore like we were in 2005-06.. Now it is all a game of Wall Street playing the global margin call on RE and the regional banks being opportunistic for their own personal gain and thus riding their coatails.. I thought Russ Winter had an awesome blog this weekend..parabolic VIX gives the chance for incredible percentage gains on the long side with the smartest of money in GS trading account<g>.. Perhaps oil going down hard and DUG up are fuel for that fire? I don't know if oil being up today is the main reason the market sold off hard on the fake attempt to rally financials at the open?

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