RE:RE:NakaYou Old DogHey Rig, well that's the plan. I believe that we will see the PoO above $60 by late Q2 or Q3 and as you say once it gets there it will cause a nice rise in all oilies. Refinery maintenance season is over, the summer driving season is about to begin, OPEC meets on May 25 and the Saudi's need a higher price to make the ARAMCO IPO worth the effort, as well, many OPEC countries need higher prices just to keep themselves in power, plus the world is just starting to feel the effects of the last few months of OPEC cuts. Everything is moving in the right direction. I was going to pick up some CJ a while back when it was above $7.00, which I would have been comfortable with, but I figured that the PoO would dip at least one more time before starting to head north as the May 25 OPEC meeting gets closer. And I got lucky with that hunch so bought today. My guess is that we are at the bottom or very close to the bottom of the conslidation in the $50 range and after this week or next the PoO will begin its climb in anticipation of its next leg up with an extention to the OPEC cuts. As I say, that's the plan. Hopefully she plays out more or less that way. If she does, and that scenario is certainly not a stretch, then there will be good profits to be made in a relatively short period. One of the big risks to the rise of oil is Trump and the US markets cratering. But my hunch is that we will see $60+ oil before the US markets take a 20% - 30% step back.