OIL WILL SEE A FLASH CRASH ON WED, $7 of $10 A Barrel as OIL Majors look to get profitable again!
1/2 of US OIL 7.6 million barrells produced in U.S. now! That has cut Global demand by 50%. Today was the first Start when one trade took OIL drom 108 to 106.50 in three mintues. The problem is once it goes down this time its not coming back for a long while.
Well, you can bet you sweet one that neither you nor I will be beneficiaries of such a dramatic move; regardless if one of us owns any oil stock shares; to my point, that would be on either side of the trade.
I'm going to have to learn much more about using Options. Futures are for those with real money; Options rarely work for the Retail, but they can.