Blog LJ 06Jan15

Ho Ho, and Happy, and welcome to the Panic. They don’t call it the Epiphany for nothin’.

Oil breakdown, stocks breakdown, flight to bonds and gold. Ho Hum. I seen it before.

So a few oil drillers and their lenders go bust – hey – that’s commodities, dude.

Personally, I always try to stay out of panic markets, but if you’re caught in, then I say cover, or you can always pop me an email for rather expensive advice: lenny@lennyjordan.com

Ride the bronco if you can. The problem is that the markets will remain volatile through non-farm payrolls on Friday, and that’s a long time to wait if you’re on the wrong side.

But the markets in theory will revert to the mean -  six months from now. J Now gather capital. J Does your wife need an allowance? Can you drive a taxi?

Stay tuned,

LJ