Agree the oil price had a significant premium built inot it through hedge funds and traders
but there are also very real decreasing supply and increasing deman fundamentals behind the price
Oil may lag for awhile but it will increase again
also watching the banks and see what comes out of the reporting season
Based on dividend yields they are looking very attractive, provided of course earnings do not take to much of a hit and dividends are maintained at or near the current level.
