12-15-2014, 03:47 PM
To the main main thing is to not accumulate too aggressively. The calls are all over the map, even for as low as under $40 oil. While I don't think that this situation can stay so extremely depressed for very long, the market has the capacity to stay irrational far longer. I just added a small increment of MRO at $24.70. Next stop for me, it it hits, is $22.25. Hopefully available funds last past the eventual bottom.
Alex