ES -- DX/CL -- isee -- cboe put/call -- specialist/public short ratio -- trinq -- trin -- aaii bull ratio -- abx -- cmbx -- cdx -- vxo p&f -- SPX volatility curve -- VIX:VXO skew -- commodity screen -- cot -- conference board

Wednesday, July 09, 2008


short oil with impunity

at the risk of hyperbole -- if, on a day when iran test-fires missiles around its oil-shipping-choked gulf, the price of oil trades down at any point... then it seems clear that the bubble is bursting.

UPDATE: yves smith with a hilarious anecdote that might mark the top.

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