12-08-2014, 10:35 PM
This article has an interesting perspective on oil: http://seekingalpha.com/article/2739645-...up-for-oil
I am interested in CVX but will wait a bit longer before nibbling. Hedge funds that are long on oil are still liquidating as far as I can see, so there is no point in going long until the 'smart' money selling has run its course.
I am interested in CVX but will wait a bit longer before nibbling. Hedge funds that are long on oil are still liquidating as far as I can see, so there is no point in going long until the 'smart' money selling has run its course.