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I'm looking into my crystal ball.. it shows.. a massive trasfer of wealth as the speculative positions driving the price of oil to irrational levels unravel violently.
It times of a bubble, my favorite quote is: (which I first read in the gartman letter many years ago.. I forget who it is originally credit to)
"The market can stay irrational far longer than you or I can stay solvent"
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I died.
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