Chutzpah Part 200

Remember how the brokerage analysts and the pundits on CNBmute warned us that high oil prices would be the end of the stock market's bull run, would put the economy into a severe depression?

Now many of the same analysts are warning us about the dangers of low oil prices as oil dips below $80 a barrel.

So, to the experts high oil prices are a disaster and so are low oil prices.

We continue to concentrate not on the price of a particular commodity but on corporate profits.  So long as profits continue to grow stock prices will coordinate.