placing bets on energy , page-2

Simple been a contrarian ensures you lose.

Whilst analysts were amusingly wrong at the time, the $100, $200 calls existed when oil was at $50, $70, $80 etc, been a contratian and shorting then would have ensured financial disaster within days.

Equally so now.

You have to be a contrarian at the right time and go with the trend at all other times.