Time to go Short Oil?

As I have been thinking recently it seems that oil and other commodities are finally starting to go back to the downside.

Jeff Macke advised viewers to sell the U.S. Oil FundETF and the
streetTracks Gold Shares ETF.
Give those names a break, he said. As the Federal Reserve thinks of
other means besides lowering interest rates to solve the liquidity crisis,
commodities won't be as good of an inflation play, he said.

I was thinking that record oil prices were mostly speculation and did not reflect actual supply and demand of oil at all. It seems to be the same way in the gold market as well. They are all contingent on further dollar weakness and I don't see that happening with the FED hopefully done lowering rates for a while. We saw the dollar rise a bit against the Euro and the Yen today and I think dollar should be getting stronger as we go along.