Expert: Gas should be at 50 cents a gallon
Robert Pretcher is disgusted.
The Yale University graduate, New York Times bestselling author, and top market guru has proclaimed, “Oil should fall to between $4 and $10 a barrel based on a technical analysis called Elliott Wave principle.”
The Elliott wave is a technical model based on the Elliott Theory. The theory was promoted during the 1930s by the man who conceived it: professional accountant Ralph Nelson Elliott.
So, the cutting edge discipline of advanced technical analysis reveals that gasoline prices at the pump should be hovering around 50 cents. Yet the pump price as of this writing is pushing towards a national average of $3.50 a gallon—about half a buck away from the national all time high of $4.00.
Why…?
Full article here…get ready to get angry…
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lol..yeah 50 cents a gallon ..so then americans can upgrade there little 6 – 7 litre tiny v8 monsters to a real mans engine ooohh how about a 700 cubic inch ..shopping car ,, “so , i can feel safe:..maybe then you can get 10 litre v12 for everyone ..and burn as much petrol as you like and FUCK THE REST OF THE WORLD!!!
yanks already consume 40 percent the worlds energy with little or no regard for anybody else.. just what the world needs .. cheaper gas for americans YAAAHHH!!!!! ..TOOL!!
There is no reason for gas to be this expensive, and the rest of the world decides to be slaves to their governments… Maybe they should stand up for themselves…