If you believe Feds will raise rates then sell todayI don't believe feds will raise rate in September so I am staying. All it takes is for Russia to tell Iran to attend the open meeting and oil will hit 55.00. All producers are suffering at 40 or below so yes there maybe oversupply but there is also oversupply of Ford F150 and the prices did not go below cost there. Meaning is yes oil is a commodity but it's also a business that has to be somewhat profitable. Just like some are saying Aug run was over done so is this sell-off today. I think we should recover at least 1/2 of the losses today.