A very important distinction. Thanks for clarifying that for us, bruce!
If you've ever watched the ISS pass overhead, you wouldn't think it was going all that fast, since it moves across the sky pretty slowly. But then it's 250 miles away when it's directly overhead and traveling at a speed of about 17,000 mph. Everything is relative.
Escape velocity for earth is actually around 25,000 mph.
Maybe so, but the excess supply fundamentals will still be overhanging the market, and winter is fast coming to an end. Price action should be very interesting to observe.
"...I really do have problem with ""POOR WAY"" thinking...."
It would appear that you have a problem with any type of thinking, and particularly 'critical thinking'.
You should have shown more conviction in your last short, Tam.
Wish I had sold long to slowly lower my CB.
Maybe next time...
"The Waltons aren’t just the face of the 1%; they’re the face of the 0.000001%. The Waltons have more wealth than 42% of American families combined."
Republicans did the same thing in NC and many other states where fools voted them into office.
Tax cuts for the wealthiest and corporations. And then they refused expanded Medicaid, and strapped the state with huge deficits because of reduced revenues. Many lost jobs because of the failure to expand Medicaid, too.
How will they balance the budget? On the backs of the poor, of course!
But they're getting religion about wealth inequality, now, so that should be fun to watch as they propose new programs to decrease that gap by giving more tax cuts to the rich and decreasing regulations. (All-new thinking for them. LOL)
But the people they hurt just keep voting for them. Go figure.