Zhong Lu + 845 January 30, 2020 (edited) DOOOOOOOOOOOOOOOOM. EDIT: I'd brag about how I sold oil at just the right time (two days ago), if it wasn't for the fact that I bought BABA with that money. Edited January 30, 2020 by Zhong Lu Quote Share this post Link to post Share on other sites
Zhong Lu + 845 January 30, 2020 (edited) Probably bounce up from here, but if the second rally fades @ 53-54 (crude) and it tests support a THIRD time, don't stick around. But most should know this already. Edited January 30, 2020 by Zhong Lu Quote Share this post Link to post Share on other sites
Zhong Lu + 845 January 31, 2020 (edited) Wow. We're testing support again. For a third time this week. Tee hee hee. Edited January 31, 2020 by Zhong Lu Quote Share this post Link to post Share on other sites
Zhong Lu + 845 February 3, 2020 Told ya. Are there any support levels for oil under 50? Quote Share this post Link to post Share on other sites
Bob D + 562 RD February 3, 2020 Nailed It! 1 Quote Share this post Link to post Share on other sites
notsonice + 1,255 DM February 3, 2020 36 minutes ago, Zhong Lu said: Told ya. Are there any support levels for oil under 50? No. Unless Opec can get Russia to do a real 10 percent output reduction immediately oil below $48 is a no brainer at the end of Feb. Oil shale producers must be wondering how to exit with the shirts on their backs. Wonder how long the US stock markets can keep up. The Virus is in control and is taking victims in the oil patch Quote Share this post Link to post Share on other sites
Boat + 1,323 RG February 4, 2020 We don’t sell that much to China so what’s the problem? Low oil prices are good for the world consumer. If you really want high prices just kill Canadian exports through the US and end flaring. You’ll be rich. Quote Share this post Link to post Share on other sites
Zhong Lu + 845 February 4, 2020 Well as long as I get the direction right, I don't care if it goes up or down. Quote Share this post Link to post Share on other sites