RE:RE:horrible price action by whole sector. Good news if....It's been a tough quarter because expecations are high and waiting is tough. No doubt there is still an issue with confidence in the sector's ability to return gains.
This process has just started. I'm confident CPG and my other oil and gas stocks will do better in a short time. As Eric Nuttall says, "first to the party". I think lots of hands are shaking loose because of sideways price action.
arizonabound wrote: There seems to be only 2 ways to make money in oil anymore .... Day trade or just play the oil price ETFs. High risk but at least you get rewarded when oil prices moves up.
JMHO
AB