Post by
TechTarget on Oct 09, 2015 10:18am
At sub $50, this is grossly oversold
The issue here, just with oil, is that the oversold condition is a great buying opportunty.
The fundamentals which are intact with CXR, creates a solid bottom.
I'm am *so* glad I completed my Ph.D. in Volatlty!
All the sellers are gone. What comes in now are new value investors (like me) buying yesterday and today.
Comment by
healthstock1234 on Oct 09, 2015 10:37am
When you are looking only for bear conditions created by external parties, your example government, just remember that there could be also internal party-the company -who can let you in bear conditions forever!Be looking for what happen with the company also. When you get your Ph D in volatility, I am sure that you understood that there are many parties who influence the market.