RE: RE: Oil ‘Very Weak,’ Poised for Drop to $58: TI think there's plenty of time here because PoO won't move up that fast.
That said, my sell price average was quite a bit higher than where we are today, but if things start to look like they're improving I will average cost back in. I prefer this method, not one to swing for the bleachers, prefer slow and steady, in and out, and hold at minimum 4 separate stocks that I balance monthly.
Will also add CEN, SLG, EME and perhaps a few BNK (BNK is purely a play on PoO right now).
Good luck, if you held through the downturn, stay invested. perhaps being in cash was good for May, but June will be time to get back in.
COOP