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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 464.71+1.5%Jan 26 4:00 PM EST

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To: Andeveron who wrote (37150)7/15/2008 11:59:59 AM
From: energyplay  Read Replies (1) of 219783
 
A very good point. When it can't get any better for the bears, then it is only going to get better.

I don't know if we are "there" yet. I don't think I need to call a bottom.

But the risk / reward on the bear side has been turning.

We may have seen oil's high for this year, 2008. Next year I don't know.
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