Smart people will use this dip in oil prices as a chance to enter the market and invest in that commodity.
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And by "smart" you mean those who are looking to get rich off of stock market gambling. Those with money to spend and burn on investing, and those that will benefit from thousands upon thousands of lost jobs. It's exactly how the housing market collapse years ago started. It's exactly how the .com era ended with a recession. It's how insurance and banking ended up causing a recession. "Smart" people risking money on the concept of an industry losing money. Are you the spokesperson for Lunacy or something?