I wouldn't say you were stupid, just over cautious. Oil was due for a dip its just a matter of now how far the dip will go. Looking to accumulate oil long now. The last big dip moved oil to the upper 70's, but it did not stay long. Will see if this double dip in the market will drive it down further. Nothing like the smell of panic in the morning. For those brave enough to go against the herd, its the smell of victory. Just need to determine when the stampede is close to ending.