If he was buying the june contract. Since he didn't mention it we should assume it was the may contract, so he lost a lot more, no? Or did I miss something (he blocked me, so can't see his posts)
Totally agree. The news on USO and their re-balancing efforts is just hype. The basic supply/demand situation hasn't changed at all. Nonetheless the market remains volatile due to potential announcements from Trump and the Texas Railroad commission. Expect June CL to remain a wild ride until settlement date. I am thinking single-digit prices at the contract close.
Man, what are you talking about? For B1, everyday is an Izzy Bottom. Like the damn Energizer Bunny, he just can't stop!
Higher time frames looking good from here, although I'm sure some are anticipating this as the right shoulder of a H&S.
you've been posting since Wed 4/22 to short 2847. No stop or profit target - just to short 2847. So far it's been best case scenario for 5.5 points profit, versus worst case scenario 25 point loss (and growing). what's the plan since you post far in advance before things happen?
yes, May contract did - assumed / hoping he was in the farther out contracts unless he enumerates it we will have to guess. .worst case $50,000 X ???