Friday, February 25, 2011

Identify Secular Trends

Bob, don't let short-term headline noise obstruct the long-term, secular message from the market. Do not wait for public recognition. It always comes way too late.

(1) Identify
(2) Trade in Sympathy with it

Regards,

Eric


West Texas Intermediate Crude Oil (OIL) AND Oil Composite Index to Oil Ratio (OILCOILR)


Headline: Libya oil production to shut down completely-BofA
Oil production in Libya is expected to shut down completely and could be lost for a prolonged period of time, Bank of America Merrill Lynch said on Thursday.

Source: reuters.com

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