March Lows Next?

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My energy bearishness has been oft-mentioned in the hallowed halls of Slope, and the way things are going, it seems like we should drag out the late 1990s terms of how the “new economy” (Netflix, Facebook, Google) is completely dwarfing the “old economy” (crude oil, gold, silver, and other assets you can actually hold in your hand).

Looking at crude’s slippery slide, one wonders if the mid-March lows will be taking out next week:

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