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

To: I_C_Deadpeople who wrote (95810)	7/22/2008 7:11:37 PM
From: stan_hughes	Read Replies (2) \| Respond to of 110194

Nice handle change BTW Re: Is POO "breaking down", "collapsing", "pulling back" or just "correcting" -- it probably depends on the bias of whoever you're talking to As you've noted, if you look at the chart, even a 40% correction in oil from $145 back to support at $90 won't negate the multi-year bull trend, but it might blow a lot of long specs out of the water stockcharts.com[h,a]wccaynay[df][pc40!c10!f][iut!lb14!ll14!le12,26,9!lp14,3,3!ld20!lya7,14,28][j6391841,y] What I hope a POO correction doesn't do is turn everyone back into a Sport Utility Victim -- I could certainly do without that