RE: Westfire opinion8500 on the Dow would take oil into the $40 range and would trash all of the oil stocks - that's not in the cards this time around - Europe will deal with its problems, probably with more maturity and resolve than the US displayed during the debt ceiling circus.
WFE is undervalued relative to the other oils I've studied so I'm holding this for a double probably within 8 months, depending on the timing of the inevitable sector rebound - all of the charts look the same...