
Generally in this bear market, I advice people not to buy stocks in any industry based on a quote of Jesse Livermore; "I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up." Still, there are exceptions. There are always winners, even in bear markets and this time raw materials are the keyword. This afternoon important oil statistics will be revealed and will effect the oilprice in the shortterm, but in the longterm, the price can only go one way as seen over the last year. North is the way and the rest of the commodity sector will follow it.
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