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Time to buy oil futures?

Several day ago I showed that oil price had fallen below expectation in August. Today oil price has been falling since the very morning and now is approaching $80 per barrel. We predicted $70 in December 2011. Thus, oil price has to grow again and it's good time to buy futures.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.