This is exactly why after 5 years i sold.
I highly recommend people start to google the price of oil each morning. Its interesting...it just keeps dropping. 2 weeks ago it was 57...now its 48. 6 months ago it was over 100. Where will it be in.another 2 weeks? Most likely 40 dollars.
Seriously... start googling it when you have your morning coffee. The hard parts picking the bottom. I just hope the analysts are wrong and the poo doesnt stay low for years because it sucks for oil companies and share holders.
I think long term there are great oppertunities over the next 6 months. Buy cheap oil stocks and wait 3 years for them to boom again. That been said... the poo is been manipulated... for all we know it might sky rocket in a month.
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