On the one hand, high past returns are an indicator of low future returns: that has certainly proved true for those who bought equity mutual funds at the turn of the decade.
He says the "rig count" in the natural gas market - an indicator of production - supports a possible price rise, but warns inventories are high and demand weak.
Still, there is something new and mysterious about the high-tech oracle. Polls are a useful indicator of people's tastes because they ask people what they like.