Saturday, July 2, 2016

Never say Never

"Crude Oil had a legendary drop during the financial crisis.  After a strong bounce and then consolidation for 4 years it dropped again in late 2014.  Pundits, traders and everyone else was bamboozled.  First there were calls for $20/barrel and then a rise back to $100.  Finally the Famous Dennis Gartman blurb “Crude will never get above $44 per barrel again in my lifetime”.  Pro tip to everyone out there.  The only time to use the word NEVER is when you are telling people to not use the word NEVER."

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