Just the start of the run for DWTI. The Brexit has gotten the entire world worried and talking about recession and uncertainty.
I think this week is a little different... don't you? Brexit and the markets tanking, especially the banks. Demand is falling and storage is still at record capacity. Not a good combo! I think DWTI at 100 could be in the cards soon.
Fear and uncertainty rules and is getting even more scary.
What is sad is you don't know the difference between the debt and the deficit. President Obama has reduced the deficit by two-thirds since 2009.
who know? I'm looking for DB to be in single digits before it gets any better. The Brexit is huge and uncertainty will create more and more investors to sell off and sit on the sidelines until there is a clear understanding of "what just happened!" It could take 2 years to truly understand and a total contagion might have just been release.
What planet are you from? Risk and Uncertainty is now the rule... "Those losses will be irrelevant on Friday though" REALLY? Hope you learn something. The Brexit is huge and signals a definite change of the status quo. It is a contagion that will affect the entire world!
Hardly shrugging anything off... You better wake up... The world has just changed and there are so many uncertainties out there that will cause many people to get out of stocks and oil stocks as well. Uncertainty=sitting on the sidelines. Take any profits you have and better prepare yourself for a long drawn out process. Not a good one!
Everything that has propped up oil was based on lies and speculation... Now uncertainty has entered the equation and those who don't take their gains and get out of oil stocks might be sorry. There is no reason for oil to go higher and more and more reasons to see it tank again.
The market hates uncertainty and what has happened with Brexit has entered a Big "?" and I think we will see a downturn for those who entered oil stocks... Watch for the volume of those selling off. It could be an indication of where the market is headed. From todays's action it could hit low $40s quicker than you think.
Yes I agree that $50 is overpriced, but this happens during the summer. By Thanksgiving prices will come back down to between $30 and $40 where it should be.
This is big news... not just a 24 hour news event... The percussions will resonate throughout the globe and next week will be an indicator of the changes that will effect the world. A tremendous amount of risk will be entering the equation.
U.S. stocks, except for some financials, will not be affected by the Brexit! This is a buying opportunity. Those selling here will be sorry.
Holding DWTI... This Brexit will cause a recession in England and ripples throughout the world.... LONG GOLD and SIVLER... SHORT OIL.
This will send chilling ripples throughout the world and their economies. GOLD & SILVER will rocket!!!
A much smaller-than-expected decline in U.S. crude supplies. Inventories fell by 900,000 for the week ended June 17. The American Petroleum Institute late Tuesday had reported a 5.2 million-barrel drop, while analysts polled by S&P Global Platts expected a decline of 1.4 million barrels. Gasoline supplies rose by 600,000 barrels, while distillate stockpiles edged up by 200,000 barrels last week, according to the EIA.
As long as you stay in LLNW it will go down to .30 cents. Pick your own a__!
LOL... I see you are still crying here like a little child. Maybe some day you'll wake up or grow up.
Hey dufass.... I see you're still acting like the looser you are.... TIMBER! LOL