Typical analyst "call"

"The bull oil era is officially over," said Phil Flynn, an analyst at Alaron Trading Corp.

http://biz.yahoo.com/ap/090115/oil_prices.html

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WOW. After a stunning 77% freefall in 6 months, this brilliant analyst declares the oil bull market "officially over".

Thanks for the heads up guy.

In other breaking news, scientists discover the world isn't flat.

How and why do these guys even have jobs anymore?

 

uh, does this mean oil isn't going up to $200 anytime soon? guess i better dump my positions then.

 

"History has shown that these things can move more than you anticipate" said David Moore, commodity strategist.

Yes, we can see that in the charts. Very observant.