Anything can happen in the markets. But will it? Probably not. I do know when markets go too far up and when they go down they go down more than they should. I do not know how low it will go but I do know there is momentum on the downside now and the Saudis continue to dump.
Related stocks: Exxon Mobil (XOM), Marathon Oil (MRO), ConocoPhillips (COP),
Related exchange traded funds: United States Oil Fund LP ETF (USO), Energy Select Sector SPDR ETF (XLE)