I mentioned here a month ago that Sensex will cross 18000.(http://gaurav1.blogspot.com/2007/09/definition-of-inflation-and-deflation.html),
I had predicted here 2 months ago that oil is crossing 85 this time.(http://gaurav1.blogspot.com/2007/08/august-blues.html)
Oil is now falling to $60 by January. Why? Seasonality. Last year it fell to $50 in early January. Lets see if the pattern repeats itself.