Fibonaci perfectly timed the XOM bottom...

WOW, just wow. Fib perfectly timed the bottom for XOM. Looking at this chart doesn't really tell you that Oil is at multi-decade lows. Such is the power of quality oil majors that are fully integrated. XOM is the best of the best and it will get bigger and stronger with this rout by acquiring assets from poor folks who messed up by taking on a ton of debt. Buy with any softness in price.. and hold long term for great dividend payouts.