RE:Don’t focus on the rate, look at the bigger picture We will know in 2-5 trading days where the smart money sits, will they pick up shares cheap over the next few days as investors react.
How many energy investors actually dive into the financial statements and the details??? Does the retail investor complete in-depth analysis of the fully diluted earnings etc. Or do they simply looks at Nutsacs charts? Does energy not rally with momentum based on supply and demand! These details will be old news in a few days based on how the markets move at a ridiculous speed.
Yes we are not happy but we have to digest the larger picture for now.