Hardly. All I see is what is in the charts and I didn't make my money in life playing tennis. The chart of oil is about as bullish as it gets right now. The housing bubble has the economy flat on its back. $100 oil will send it into the worst recession since the Depression IMO.
The Middle East is headed into chaos and that isn't good for anyone.
LTG..It's a killer to us. Logistics costs of 100 million last year with $65 dollar oil. With fixed basis sales it's impossible to pass on these fuel surcharges that the truckers pass to us.