This is the kind of headline you always see before a bottom

At least a tradable bottom

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Extreme bears are betting oil is going as low as $25, $20 and even $15 a barrel in 2016

When ‘extreme’ price predictions go mainstream, that’s usually a sign that everyone is in one side of the trade. Early this week, a squeeze started in oil and there’s no reason it can’t extend enough to give the Johnny-Come-Lately shorts a scare.

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