* OIL and the economy will be in the opposite direction when oil is $85
from my guess. When it is at today's low price, oil-producing countries
have to dump their stock holdings to rescue their economies and pay for
their unfinished projects. When it reaches $85 or so, they do not have
to and the corporations in most sectors would be hit harder by the
energy cost.
The economy and the market has been
non-correlated for a while due to the excessive printing of money. It
will correlate as history tells us so.
* I suggest
both Ackman and Buffett keep their beautiful faces out of the public.
Their 2015 performances do not qualify them as pioneer investors. Show
me the money please.
* Will take a serious look at
Apple when it falls further down. Trade by fundamentals, not your
emotions and not following the herd that has been proven wrong.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment