Thursday, May 22, 2008
CNBC Q&A session
QUESTION:
CNBC Talking head: Why is that energy stocks selling so badly 2 days in the row?
ANSWERS:
Commodities King: Cause I made a Lying Fool out of myself
Dumb Mutual fund manager: Bluh-bluh-bluh-luation...
Maria Full of Grace: Traders say - they got bored with making money
Gasparino: Cause my pumping and FED's deceit stopped working and people realized that real inflation is somewhere in the range of 10-12%
CNBC Talking head: Ah-ha! Makes perfect sense
So, why?
DavidDT: Hopefully you can see Fibonacci extension right at the top of XLE chart
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