I was looking at the Tadawul All Share Index (symbol $TASI) from Saudi Arabia, and its cyclic nature was quite intriguing.

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I was looking at the Tadawul All Share Index (symbol $TASI) from Saudi Arabia, and its cyclic nature was quite intriguing.

Well, it’s clear that the U.S. government schlepping to Saudi Arabia to plead for them to turn on the oil spigots has done absolutely no good at all.


As the entire planet sinks into a depression, while all the time thinking new lifetime highs are just around the corner, crude oil is going to lead the way. Indeed, it’s the smartest asset around. I’ve never understood this stupid “Doc Copper” business. Ridiculous. Energy is where it’s at. And where it’s at is DOWN.

Goodness, it’s quiet in here. Cat got your tongue? Anyway, out of my 45 bearish positions, Conoco Philips (COP) is by far the most profitable. These are November $100 puts, and I am NOT selling these for a while.
