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Do you think the oil price now is similar to the internet bubble in year 1999-2000 and going to burst soon?
Yes. Very similar. Oil price is in extreme bubble at $140-$150 range and is going to burst within the next 3 months
23% (7 votes)
Yes. Somewhat similar. Oil price is in a bubble and may burst within the next 2 years after it reaches $150-$170 range
23% (7 votes)
Neutral. Oil price is fairly valued and is going to fluctuate between $130-$150 in the next 2-3 years
26% (8 votes)
No. Somewhat different. Oil price is still undervalued due to strong demand and lack of supply and will go up to $170+ this year
16% (5 votes)
No. Very different. Oil price is extremely undervalued and still have room to go up significantly to $200+ in the next 5 years
13% (4 votes)
Total votes: 31
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Oil price is tricky - It may stay high for a very long time!
Oil price is tricky - It may stay high for a very long time! It is not a good time to short or long. Stay away from oil. There are many other opportunities on the market somewhere else.