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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (68456)8/18/2006 10:47:15 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
i find it nonsensical on the face to consider energy the "most loved" sector when it is only 33% of its past bubble weighting, while tech and finance continue to maintain huge bubble weightings.

After denying making statements equating sentiment to S&P weightings you did it again for the second time.

Mish



To: Wyätt Gwyön who wrote (68456)8/18/2006 12:41:30 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
'i find it nonsensical on the face to consider energy the "most loved" sector when it is only 33% of its past bubble weighting, while tech and finance continue to maintain huge bubble weightings.'

finance.yahoo.com

What do you or anyone make of the largest financial institutions holding very strong in this recent meltdown in the overall market? No fear or any discounting of recession, inverted yield curve, inflationary pressures, record oil prices, consumer debt levels, housing meltdown,credit losses..

I'm at a loss to explain other than the Wall Street mafia holding the indexes up to put lipstick on the pig before the fall plunge?



To: Wyätt Gwyön who wrote (68456)8/18/2006 12:51:07 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 110194
 
FWIW, I agree with you and disagree with Heinz. There's lots of talk about WTIC going back to the 50's. It may happen in a DEEP and prolonged recession, but if it does it'll outperform every other commodity and most other investment classes. Production thus far from major oil producing countries is DOWN y-o-y, and in the face of rising prices, that spells "P-E-A-K".

DISCLOSURE: LONG USO, HTE and some other energy stuff.