RE:RE:Oil On The RiseEvery trader should have a " target price" in mind when they enter a position. Should also have an exit position if things go awry. Investors can hang on longer as they believe in the " story". For example, I have long term positions in SPE and BIR. I have avg'd down on both recently and find myself in a small losing position right now but nothing one good day cant fix. Also, I swing trade PEY due to their " relative " safety and large price swings. Although I bought in on PEY last week under $25 and feel that could be the steal of the year for me, might hang on a little longer than normal.