RE:RE:RE:RE:BMO No, it's called trading on emotion. That said, it may just pay off today.
As for the share price, I think alot of negative catalysts are already priced in, but we are not yet at the bottom. I suspect, another 10% more decline from yesterdays close (Mid 5's will give us a tripple bottom) - depending on how the oil moves near to midterm. But before that, we should have some sort of SP correction back up.
As for today's slow move, CJ when it rallies, it usually does near end of day. I suspect, the traders are waiting it out. Probably see a move on the oil after the Baker Report.
GLTA