Oil Price Debate - part II

How will oil prices affect the market for the remainder of the year? Seeing as the market is poised to rally at the drop of a hat in response to any good news (as evidenced by last week), the cyclical decline in oil prices towards year's end could spark a disproportionately large rally (a somewhat hollow one as well). If oil surprises on the downside I don't see how the market could contain itself given the tension and nervousness present these days, and you would have to believe markets would test their 2006 highs if such a scenario were to take place. I believe we can expect oil to dip in the neighborhood of $65, with a downside surprise occurring at around $60. So if oil gets to around $60 this winter - look out below. Heck, given the current market sentiment $65 a barrel oil could light a fire under the markets.