...first half of 2009... that's what I was after..... thanks....
Fully appreciate that what you write is opinion and would like to think I am mature enough to understand. Whilst I hope you are correct, I don't share your views. However, you raise evidence to support your opinion, which in my book makes your opinions far more interesting than many, alternatively most.
Would I be right in assuming that to drop back to $80 within 12 months, we would firstly see the more "flakey" speculators and their funds in deep trouble as their positions unwind. This would frighten other speculators who would exit the market, allowing oil to drop, somewhat rapidly, to the levels you indicate. Equally, this "panic" may cross-over into other commodity markets.
What I am after is a strategy to have in my back pocket to exploit a lower Oil Price. Apart from buying CX shares
or going short on oil; what would you recommend?