What if Oil Drills Down Further? By Holmes Osborne About this article: The markets seem to factor in that oil is going back up to the $70 range. But what if the markets are wrong? Case in point: the S&P 500 is down 40% this year, and not too many people predicted that. So how does one profit off of the oil markets failing to realize that oil could drop to the $20 range? We've all seen the adverse affects of oil skyrocketing to $147 a barrel and know how badly it affects the global economy. However, everyone was blaming speculators for driving up the price. Don't those same people now realize that speculators have driven down the price too? For every buyer of a contract of oil traded on the commodity's exchange, there's a seller too. So there must be more sellers than buyers right now. Merrill Lynch predicts that oil will be $50 soon, but with... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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