crude supply*** HITS 82-YEAR HIGH ***as Bernanke fuels speculation
Energy Information Administration said stockpiles jumped to 395.3 million barrels in the week ended April 26, the most in weekly data started in 1982. According to monthly data, they were last at this level in 1931.
I'm not a genius but I have $600-700K in my retirement, I just put $120K on my mortgage so I only owe $100K now and my neighbore just had bidders in cash for a 2600sq ft home at $840K ALL CASH, this is housing bubble 2.0, ALL FOOLS. The guy who bought next door is like you, momentum arsewholes all the breed due to Bernanke's free money.
I have the balls to say you are a fool married to COP, and my new neighbor is a fool too, this is Bernanke's breeding ground.
you are right, it's all about momentum until reality plunges your profit, you all profess fundamentals, but no... actually you are counting on momentum and a subsidized dividend. You will be proven wrong, because ALL the arsewhole "investors" are not that at all. They are leveraging to the hilt, hitting just shy of 2007 all-time margin to buy stocks at $381 BILLION, so I am perfectly rested scalping this krap, like all stocks, all speculative momentum krap. Do what you want.