Nordesmic and barneyw Yes good posts as well. Thing is about...

Nordesmic and barneyw
Yes good posts as well. Thing is about this oil market it reminds me of when our $ was at 49c all the experts called it to 40c. When we were about 1.08 they called it to $1.20. Similarly,during the gfc the dow was called to drop another 30 to 40 % when it was close to bottom. I think that was what made me call a bottom to equities in feb, a little premature for the mar bottom in 09.Hopefully we are close to those sort of times now! Yes, it does look grim but hopefully as nord says, the triple bottom holds; but my guess if the low 30's comes; it wont take long to be back to low 40's. My guess is the quality oil shares are close to bottom,as they will bottom before the oil does!