June 2nd, 2008
CNBC Bonus Bucks Trivia: Energy strategist John Kilduff used which social-psychology term in his oil blog “The End of Daze”?
Energy strategist John Kilduff used which social-psychology term in his oil blog “The End of Daze”?
There was almost a herd mentality that emerged last week that prices would proceed inexorably higher, and that is almost always a bad sign on Wall Street.
As I noted at the time, I also took it as a sign of a top and sold my position in oil (USO) in hopes of buying back later at a lower price.
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