Oil set to drop over 20 percent tommorow!?

Question

Got some info from the floor, and other hedge fund managers. This is going to be a sell week. Get out while you can at 136. Rumors are its going to drop atleast 20 percent between today and tommorow.

HEDGE NOW! 40 point shift coming.

Answer 1

If it does it will be back up and more within a week.  Oil is not going to come down while the sabre-rattling continues in the Middle East.

Answer 2

I highly doubt this going to happen.

Answer 3

You need to have lunch with the other poster who is convinced it's going to 250.

These are really reliable sources you have.  They have predicted 12 of the last 3 reversals.

Answer 4

its not going to happen especially when the forecast is that oil could reach $250 a barrel $140 a barrel right now//they've got us by the balls/so its a case of heavy sanctions to be put in place and pronto too

Answer 5

Pokerfan...I'm calling your "Bluff".

Answer 6

eh...I highly doubt that....sorry but that is really not likely