RE:CDN oil Funeral?Yes, most retail investors have left the building. Retail has been largely washed out including long term guys who had been here for some time. Friday was a throw in the towel kind of day.
But they will be back after a few big green days. The greed will overcome the fear and they will buy back the shares they sold to the institutions and pro traders for a song. This is how the pros make money and retailers usually lose money.
Realdude wrote: I am long a few canadian oil stocks but sentiment has reached funeral level gloom. Oil up but these stocks are lower-who is selling???