perspective on commoditiesOil holding up real well at still 1.25x start of January (when we also hit 52 week highs)
ATH to hit a new 52 week high, and my prediction is $3.80
Cash is a rollin rollin rollin in for O&G companies
SPR depletion; extremely tight 'real' oil market (ie. distinguish the paper versus real supply/demand)
The entire Cdn O&G market - ie. not just ATH, was shorted...shorted ...shorted
this wasn't a "real" pullback...this was and is
an opportunity to make money
buy low, sell high....we've seen this before. Earlier this year, I posted here and told you all it would pull back to $1 and it did - some of you scoffed at the time...but it is what it is.
I called $7 on CJ when we were over 9...some of you listened and made some money
ATH is an opportunity to make some real $$ - shorts are covering (just look at the stats on BTE)
Shorts are vocal here on the BB (just look at TVE)
when the shorts are screaming on the BB....you buy
cheers folks
