Tap Share Price, page-2

You cannot predict oil price movement. If anyone could, then no one would have owned an oil stock 6 months ago.

The oil price could well be $75 in 3 months, or $100, or $50, or $25 ( hopefully not $25 ).

No one knows, especially not a financial journalist.

You are best off ignoring these types of articles or anyones opinion on it, the only thing you can control - is what is controllable.

18 months ago they were saying gold is going under $US1000 and the dollar is going to $1.10 v the $US. Now they are saying $A2000 golden an $A at 75c, the exact opposite. Simply put, these people are all idiots and just ignore them all or you will never make any money.

So if they are saying oil will go to $US25 ( where were these people 6 months ago? ) I would in fact be inclined to think the opposite if anything. If you were that clever, you would buy or sell futures contracts in bulk and not be writing useless articles for 30c a word.