Citi calls bottom on oil, page-2

LOL. Don't put to much faith in what Citi says. They also had a buy on IO when it was near the peak. And have got it wrong far more than right. We all know what has happend to IO since Citi said buy at the top. How many times do i have to say it. Brokers have no better idea of what will happen to a share price, than any of us. Ignore them all and trade based on your values and charts only. I personally like Oil at this price. But only on select stocks. LNG will continue to crash and burn regardless if oil goes higher or not. It is not oil pushing it lower, but its overvalued fundamentals. LNG is going under $1. Just a matter of time. And I will continue to short the rallies.