Watched a fair bit of cnbc tonight and oil has hit the bottom....

Watched a fair bit of cnbc tonight and oil has hit the bottom. confirmed and never to go below $50 ever..haha.

A bounce appears to nbe on the cards. CVN are in the box seat with cash, no debt and nothing but good news on well production. Civil unrest in Thailand may scare a few off, but that appears to be a theme over the last year and hasnt effected the sp in the long term.
If the dow can manage to be in the green with bad data out then i will punt on a rally till xmas and into the new year. cvn mid to late 30,s by xmas.?