Curious if anyone else agrees with me that oil may have run its parabolic course today? I think oil is going to start selling off here.. and fall to 95.. before the summer run up? AS we all should know many of the big money guys know each other or spin in the same circle.. I think a large majority of ultra high networth individuals are gettign their networths crushed by the falling stock market. The market, the economy, oil prices.. all of this is starting to scare an awful lot of super rich peopel whose major holdings in stocks rely on our economy being somewhat stable. As the super rich elite start to get really concerned about stock valuation and the effect of high oil prices.. i have a funny feeling that many phone calls will go out and beg congress/opec/large oil hedgies to lighten up and possibly start to sell oil... anyway this is just my two cents nd I rarely if ever try and pick a top or bottom, but I think now is the time to start shorting oil... at 110 a barrell. 9:39 am april contract $ 110.08 Let me know what you think.