hey high,yeah i saw its the previous 2 days of gains$$$ and upside,just got crushed today?Maybe they pop oil tommorow to get the MKT back up?jmo
I guess you haven't been around for as many decades as me. $50-$100 oil is the exception historically, not the rule. And oil prices have fallen for decades at times.
I am definitely depressed. Not sure why I think people who run corporations are all that smart. If that was the case, how did the WLL management not see this coming? In this market, I might have better luck at the casino.
Yes it is bearing down on us but that is why it is good to have the gold, silver, and platinum and a bit of palladium too. Copper is not so good not sure about the zinc or lead.
Sorry.thumbs down for you. Better check your history on how long these oil downturns have lasted........FYI.............long long time isn't it.
You can go back to your "sky is falling" mentality now
Could happen I suppose, or at least a stock market correction. Interesting that no sector seems to exhibit strength. It's looking more and more like the end of the commodity cycle, low prices for a long, long time. Which is actually good for economic growth.
group this is how WS makes $$$$$$$$$$$$$$$$$$ they buy pop a oil stock say 1-2 days,take the 10% profit,leave,oil goes down, rebuy,pop 10-15 % pull in the retail saps/suckers,rinse repeat, if you buy a smaller oil like a oas,wll,sn,etc,expect these 10-15% moves, Now a co like CVX,you dont see this big %%% moves,so if you want to play OIL and feel safer,go with the big guys,you want a spec play,then i'd say wll is as good as any, again,OIL prices are volatile they can move 3-5$ over night,is what it is,OVER night if you want to check futures,you can try FINVITZ,jmo good luck
Oh that was funny.....capitol accumulation..............and what exactly is that......capitol...aka....money......and accumulate it?........Well since you seem to be a bit of a slow learner here that's exactly what the traders are doing unlike yourself the hold and hope crowd. Unlike you hold and hope kids most traders are very disciplined. We don't watch out funds disappear day after day and wonder what happened.
FYI.......every bet long or short term in the stock market is speculation.
i think you guys forgot. the stock market is for capital accumulation. your speculative train is a-coming down the pike and there's not much you can do to stop it. there's too much credit floating around in the margin accounts. someone is gonna pay for that.
Sentiment: Strong Buy
last 2 days you get the pop, then today? then 8-10% drop,if you buy and hold, and can handle these moves,good F'in luck,its better to wait for the pull backs,economy is skaky,today is FOMC 2PM,will shake MKT,Greece is back in the news,friday GDP #'s,no scare tactics,just saying OIL stocks are VOLATILE,then can pop 10-20% in a week, drop 10-30% the next week,we call this the WHiplash sector,jmo good luck,jmo