The world is still addicted to oil. I will be adding XOM at $80. Just wait for a headline stating that there is no more oil, or the supply is running low, then you will get rewarded.
re: reuters.com/article/2015/07/20/us-markets-oil-idUSKCN0PU01X20150720 Ignore the news : "Oil futures fell on Monday and U.S. crude slipped below $50 a barrel intraday as ample supply, the prospect of more Iranian crude for export and a strengthening dollar combined to pressure prices ..."