When should I buy oil stocks

[Goo]

Oh my! Oil looking plain ugly today.

The scariest part is the potential of a daily close on SPY below the current 184.50 area - 1833 for the futures traders out there. If we close below these levels for the WEEK, things could get ugly fast.

 

[RUfromSoCal?]

Oh my! Oil looking plain ugly today.

The scariest part is the potential of a daily close on SPY below the current 184.50 area - 1833 for the futures traders out there. If we close below these levels for the WEEK, things could get ugly fast.

As opposed to the 70% drop already experienced?

 

[Goo]

As opposed to the 70% drop already experienced?

Just talking about "what is", and what matters now. The 70% drop is old news right now and matters very little to the big boys.

 

[RUtix4me]

This story will take a few more twists and turns soon.

http://money.cnn.com/2016/03/02/news/chesapeake-ceo-dead-aubrey-mcclendon-car-crash/

 

[GoodOl'Rutgers]

People should stop pretending it's anything but the racetrack.

More like the trotters with the manipulation of the "races" for profit.

 

[DJYoshi]

whatever you do, stay away from Euro markets.
I didn't listen to my father and lost a solid amount over the past few months.
damn SMI

 

[NewJerseyGuy]

Now?

This might help answer some of your questions:

 

[ruready4somefootball]

My son works on Wall Street, and he told us to try some money on Chesapeake Energy, got in at $1.80 and is at $4.80 this morning. Also a couple of Pharmaceuticals have had modest gains of 20%. Kid knows his stuff. He can't trade penny stocks on his job, but we can, and have not lost money in the 3 years he's told us of up and coming companies, well not yet anyway.