Trying to guess the top or bottom of anything is always risky business. For buying, the best strategy is to let it hit the bottom and buy as it starts to climb. Of course, the natural fear is that you are going to miss an opportunity.
With WTI Crude Oil
at $30.44 and Brent Crude Oil
at $30.86 I think we are close to the bottom. I am not going all in, but nibbling at oil stocks. Only go for the robust, well funded stocks. For example, in Canada, go for Suncore or Arc resources over batex. You may make more money with batex, but it is way more risky.
Anyway, nibble away.
