RE:RE:I want to cryStarted a response and was blown off? Geo -politics. 1.) OPEC countries are afraid of North American independence as they trade very little of any $$ weight other than oil. 2.) European countries in trouble will stop buying Russian oil . Russia is already dying what happens if no one needs what they have. Recent blogs from Finland are saying Putin is the new Stalin and watch out for Russia taking what they need. I'm just suggesting we don't really understand the end game we only get to play in the relative tranquillity of these markets, however long term investors are now described as "persons who don't sell their positions at the close." I think $60.00 oil will happen but because only Qatar can function down there it can't be maintained. After March April oil will rebound likely in the $85.00 range and stocks like Enterprise will come off the lows of perhaps $.30c and rebound to $.60-70c late next year all other things being equal. The world financial systems run on energy and so it will come back just like Air Canada in its sector. So everyone is bleeding and if I was still in the black in my oil positions would probably get out now and get back in come March. Tax loss may be viable this year forced upon us by conditions unexpected. Good thing I'm weighted in TD and APPLE or I'd be red all over. JMO