"Hold your nerve...it will recover this year."
I'll take the other side of that bet. You are most likely not going to $6.00 a share in all of 2015
Sentiment: Strong Sell
And they will probably be down on Monday as crude oil heads for $35/barrel. And I suspect oil will NOT have a nipple bottom. It will languish for months before turning up.
If what you say is true about interest rates, then buy the dollar instead of NRF.
But my humble opinion is the FED won't raise rates. I believe they are so trapped that possibly rates may never go up much ( 1-2%) in my lifetime. Compute the interest rate on almost $18,000,000,000,000
I'll just bet you have no idea why the dollar is skying the last 8 months. Therefore you have no idea why it will keep going up for quite some time.
But then you're pulling me away from the original point I made about not adding to losing positions.
I hear you but why keep throwing money into a stock that wants to keep going down versus buying one that keeps wanting to go up like UUP
I guess you never heard that wise investing advice.... NEVER KEEP ADDING TO A LOSING POSITION