RE: Oil up over $3.00, Wfe Down?It's like the one-way Beta phenomenon, which is very frustrating. Speculators inflate the oil price. When oil price gets hit hard on any day, WFE is down. On the days when oil price recovers previous losses, WFE (and nearly every other stock that got hit hard) simply doesn't recover enough, if at all.
I love this company and am prepared to hold for quite some time, but it's still frustrating to logically process what goes on with the market and the speculators sometimes.