ES Journal - 2019/2020

Socialism it will be...

 

So effectively we are in unchartered waters, and CL is a buy if we get below 10, far and wide. Heck, we may be there now, even at 15ish per bbl if we get to that low? Where is the bottom of the bubbling crude?

 

https://www.bloomberg.com/news/arti...e-oil-prices-is-more-realistic-than-you-think

(Sorry, my last post on oil here)

 

+5 more 81.25

 

If CL ever goes negative, that is a buy buy buy. You know why...



Stock up on it. Store it wherever you can. To get paid to take it away? Golden!

 

Out 81.25

 

I could see the Fed buying 20 tril of whatever by end of year

 

Thought you would have flipped short.

 

+5 82

 

I was expecting 94 but I got cold feet. As expected, it's going up now. I'll probably short at 94.