Geez! Lets have one massive capitulation and move on. I know that wont happen. This is going to be one hell of a 2016.
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Shorting oil and oil companies is the best play right now
Yes. Sub 30 and ticking down. this can drag on for another decade.
Chevron Stock was up real nice yesterday. Today is reversal of fortune. Oil will be heading lower still. Iran will be adding to the glut supply. Look on the bright, though. Gasoline at the pump will soon hit $1.35 for regular gas.