Bill Carrigan on Mkt. Call TodayHe thinks that oil will not go up from here and he warned against being in any oilsands stocks because he doesn't expect oil to be high enough for them to be profitable. He admitted that hurricanes could cause oil and oilsands stocks to spike, which he would then use as a buying opportunity. I remember that he advised against buying Black Rock Ventures as it was running up on high volume prior to its takeover announcement by France's Total, as he doesn't like to buy stocks which are running up. So he isn't always correct. If he is very accurate I wonder why he is still working, as I would have thought that he would be wealthy. This comment applies to technical analysts in general as well as Bill Carrigan specifically.