Bought 800 more. Oil will go back up soon enough. In the meantime, we are looking at a dividend of nearly 4.5% even if Icahn doesn't succeed with his 8% proposal. That was dead from Day One. I am patient.
Gold, silver getting pounded, oil getting pounded. Markets think commodities are going in to deflation which is absurd given the printing of fiat currency by US, Japan, EU, bankrupt nations like Cyprus. I will be a buy again once this hits $42/share. Coming in next week.
Big players are just shorting to get into long positions cheaper, for all the commodities.
Once it is done, I agree the inflation card will be long playing. That will be a price for this printing, besides it is the only way these gov can dig themselves out, IMO.