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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sea Otter who wrote (91739)	12/18/2008 5:31:00 AM
From: koan	Read Replies (1) \| Respond to of 116555

>>At the risk of predicting the future (always a difficult enterprise) I suspect that a Middle East war may will be The Story of 2009, along with the concomitant explosion in oil prices.<< When would you guess?

To: Sea Otter who wrote (91739)	12/18/2008 9:04:29 AM
From: Rarebird	1 Recommendation Respond to of 116555

Oil was one of the last major assets to peak in the summer of 2008, so it makes sense that it will be one of the last to bottom. Moreover, the outperformance of oil stocks suggests a short term bottom is likely not far off.