Here is my prediction on Jan., 2016 and I also posted my reason here in WSB. How many energy experts can do the same?
http://bit.ly/1nEAFff
If I put all my money buying it at $30, I would be filthy rich now. Not a
good prediction? Tell me who have done better and how many 'experts'
tell you to unload at $30.
I'm not a trader as I still hold most of
my oil ETFs. However, if the trader buy at $45 and sell at $55 as
predicted, the trader would make a lot of money. Do not cover your eyes
with biases.
The above is responding to a "energy expert". He also said the average oil price for the last 70 years is $35 (or $30 from my rusty memory). Yes, but the easy oil has long gone.
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