Originally Posted by
TMM1982
Nobody I know is calling for higher oil right now. You might be the only one I know. It's okay to be a contrarian trader but just know it's very easy to be wrong. Don't fight the tape.
Not sure I agree with your detective work there, Lou. Sounds to me like he was ridiculing the predictions of over $200 oil.
Though to be fair, I am not sure that anybody predicted the explosive growth in US Shale Oil production these past few years.