Following the analog like a charm…if the markets can go on to make new all time highs and peak out 2 years from today, then I will admit I am wrong..because Buy and Hold for 2 years would have got your somewhere, but if there’s just short term gains from here that does not sustain itself, they’re just there on paper , you don’t sell you don’t gain. That much I will say about energy, $120-150 oil cannot possibly sustain without global economy going into recession with consequential demand destruction. The last time oil peaked at $150 was shortly before GFC which then saw oil come crashing down. You want to play OOO, don’t buy and hold.
Spec will be spec will be spec. Specs are out of favour when we have a period of uncertainty that drives Flight to Safety. Specs are good play when exuberance is broad based and there is much optimism or coming out of pessimism not going into pessimism. But people must play, get in and get out within the day and hope not to get burn.
