Oil Price Direction?????"Our view is that WTI will fall to $40. in the near term but rebound to $60 or even $70 by year end", said Salvatore Recco, who helps oversee about $2billion of client money at Granite Investments in Denver Colorado. So many different opinions make a market. I think today was a bit of a knee jerk overshoot. Who knows but I would rather have been a buyer than a seller of IAE today. Anyway Best to all( even Ferret)B. Now I'll go and refill my glass of white wine and get ready for whatever tomorrow brings!