Why in hell are Nymex sweet crude prices falling? Talk about the traders market out of touch with reality...
How about the 'efficient market hypothesis'? It postulates that market prices reflect all the information available.  If true, then we can roll the dice for tomorrow.  Where I think the hypothesis fails is in pricing commodities and stocks months and years out.  Crude oil futures are currently priced at $60.56 for December, 2011.  I would expect that most of us at TOD think that's ridiculous.