its a bunch of horsesh*t. I would love to buy more here or lower. The "market" the media puts out to consumers is a joke. I am sure people are taking advantage of these prices. People reacting to "news" or noise will getting burned.
While the news of really low prices should be regarded as par for the course right now because there have been so many recent predictions (Citi), for me, having another low prediction is an indicator that now (really a month ago) is the time to buy.
I'm a contrarian and an investor in this one. Holding 1,500 shares of OIL at 10.57