I don't think so obviously there is a lot of people who think oil is too high and rightly so but these faking manipulators in wall st know about it and there are just going to push oil higher to get them off their positions. Oil is very resistance to the down side so that's why I sold my position. I'm back in my oil stocks now
no reason for this market to be going up and oil is over priced. After the years end you will see more bad news in housing and banking. DOW at 12000 is way too high and needs to correct to 8000 or lower.