Contrarian market commentary and economic postings.
Monday, October 11, 2010
HIGH OIL, LOW BDI
AS markets roar on, BDI stuck in sideways pattern, but just recently making a lower low and lower high. With OIL above $80 a BDI that does not show vibrant economies is puzzling
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I have been writing about stocks and the market since the late 90's. My record of calling the last 2 , now maybe 3 bear markets stands. There is more to investing than just avoiding bear markets, but it sure doesn't hurt. I offer NO recommendation to buy or sell equities or trade any vehicle...I just offer my opinion for what it's worth. Consult with your financial advisor before taking any actions. this financial blog is for amusement only.
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