In his speach Putin said that the oil calculation will be 50$. Russia mad their budget on this price. Now we will see the change in the Arabs tactics. (Low prices).
I expect that the Oil will come to 50$ in the next weeks and stay around 50$ next 3 months.
Oil prices jumped over 1 percent on Monday after long-time bear Goldman Sachs said the market had ended almost two years of oversupply and flipped to a deficit following global oil disruptions. http://www.reuters.com/article/us-global-oil-idUSKCN0Y703M
I considered couple month ago. Just counted last 100 shared his trade ideas. Out of 100 merely 30% goes as he has predicted:)
I suppose he might be motivated by fxcm to push us for daily trades.
Just figure out by yourself...