Crude oil prices are nudging $100 a barrel today. That’s a long way down from oil’s summer high of $147 a barrel.

“It has been a brutal couple of months for commodities investors,” says Dan Amoss in Rude Awakening.

But it’s the type of wild swing that opens up a great profit play for contrarian investors. Whereas prices this summer overshot fundamentals, prices now look like they may overshoot to the downside.

But commodities will take off, says Dan, when the feds cut rates again…