Replies to post #280248 on Zeev's Turnips Patch-No Politics (ZEEV)

[Alex G]

Bearmove does... he uses Miss Cleo

[Ace Hanlon]

I do not have a crystal ball for the daily action.

HOWEVER, quite a few people have long challenged the Wall Street consensus that oil prices would soon head back down towards $25. People like Matt Simmons who has long been talking about an imminent end to the era of cheap oil.

All stock market and economic forecasts must consider seriously the possibility that consensus oil price forecasts have been much too low IMHO.