be patient. maybe the insane market will bring it down there again...you never know.
The thing is: when it really comes down some people just bail instead of buy... that is human nature...LOL
For the shorts...you have the glory of being brave...
For the scared longs, you can take your money safely home and enjoy some candy or beer..
Aren't you the shameless basher a couple of hours ago?
Feel disgusted to have you on board...
In February short squeeze, when the oil price reached 54, PWE was once around 2.7...
But now with the sale of 318 mm and oil price at 58~59, PWE is sub 2...isn't that insane?
I remember 2~3 years ago, Goldman sachs called for shorting S&P500...what a joke!
They are joking again!