This was copied from a previous post
- "oil had been spiking, and we were worried about everything, including us descending into "mad Max". Burried in a bunker... Etc.
- For the last week it's been the same thing "fanny and Freddy are poorly capitalized, the everyone is getting wiped out."... Only we assume that paulson will bail out the debt holders, and the Equity holders are on their own, up a creek without a paddle."
- Then Oil Breaks.... Because there was no demand besides the sudden spike in specualtive demand.
- there is absolute disbelief in the rally in banks.
- Next there is a call about "short covering rally."
- Then Banks will move to euphoria, and top out....
- and we repeat again.
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