RE:Oil report showed
I agree. It's manipulation of the sector by "oil barrons". Happen everytime as they jockey for take overs. But just as we saw post 2008/2009 and other reversals, the "tampering" is only temporary. Fundamentals wins.
Investors at lows always do well regardless what traders do. That's why I'm a contrarian investor.
Has worked really well so far, I'll change my style when it no longer works. But many of these traders here aren't example of success, that's for sure. And they can bite back, I have all the bad ones on ignore.
The most important thing an investor can do right at lows is to not give up but do the absolute opposite. Buying when uncertainly, doubt and fear are at the highest is the best way to get all the early gains. If it goes down, just remember it's only for the short term at this point. This isn't 2014/2015. The world of production and demand has changed dramatically.