A "Re-Set"? -- February 25, 2015

On February 23, 2015 I wrote:

I don't know when we will see the low in the price of oil, but whatever it is and whenever it occurs, that's the "re-set" as Hillary would call it. Whether the low is $50 or $40 or $20, at some point oil will hit its low. I'm pretty convinced that the low of $20 or $40 or won't last for years; possibly $50, but I doubt it; even $60 for several years seems a stretch. But whatever the low is, that will be the new "low," the new re-set going forward. If the the low hits $20, and oil goes back to $40 in 2017, that's a doubling in price. I'm not looking for those numbers, but just suggesting how the "re-set" becomes quite interesting -- for investors.  

An example of the "re-set" for investors: SM Energy surged 13% today.

See disclaimer. This is not an investment site. Do not make any investment decisions based on anything you read here or think you may have read here. I have never bought any shares in SM Energy and don't plan to do so in the near future.

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Tweeting now:

Guinea, Liberia, Sierra Leone report 99 new confirmed Ebola cases in week ending Feb. 22, per World Health Organization - @Reuters

At least it's hard to catch.