Tuesday, July 8, 2008

Sell Oil!

I predict that the price of oil will plummet!

I read an interesting article in the new yorker

http://www.newyorker.com/talk/financial/2008/07/07/080707ta_talk_surowiecki.

Where they were talking about the power of perception in the markets. Read it....

As I was reading it i began to see a pattern in the american psyche, a pattern which i have been seeing in myself.

The desire to not work to much and be a lazy manic investor. Let your money work for you.

And what seems to be happening is that in the past 10 years there has been these huge market swings. And i have been involved in all of them.

First off, there was the tech bubble. Then there was Real estate
And now there is oil.

Prices of oil are skyrocketing, and before that real estate, and before that stocks.

Oil is the new investment vehicle.

Sell

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