Opec will be meeting soon and I believe the end of the pullback in the market will end when OPEC signals a supply cut. This will tell investors that $100 + oil is here to stay. Resource sector stocks are still trading as if oil was $ 70 boe. Once this supply cut is announced that will be the signal for investors to get back in. Until then, the day to day fluctuations and good news upside will have a hard time remaining on your ballane sheet. After the supply cut happens alll bets are off but I guarantee you that if you're holding oil stocks your balance sheet will be on the + side. So IMHO load up.
JQ:)