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Trust the Experts
Nov 06, 2008

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Tim Knight

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First, your daily WTF:

Second, I was curious to see the "Wealth Track" video (which had a staggering 188 views in the past six months...) so I gave it a look-see. One of the three guests (besides the ever-delicious AJC) was a man they referred to as "the dean of Wall Street oil analysts". Well, I guess so.

He declared when this was shot back on May 23rd that oil would go "up and down and up and down" in the short-term and, longer-term, would "get down to $110 or $100 and make its bottom there" and move on to "much higher prices". If he's the best analyst that Wall Street has to offer, I'm not sure what that says about us Slopers.



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