hanging tough. In a year USO will be at $35. Great return if you can tune out the fools like Gartman and Schilling. They are almost always the best contrary indicators.
Too many oil bears growling.
will cover and take the loss. Bad, bad spot to be in if you're short oil. When oil wants up, it goes up. Period. Furthermore, it's really never been this oversold. Lots and lots of room to keep climbing.
Seen this before. Bear markets in commodities are brutal.
What a mistake. You never know when a bear market is knocking on the door, but nat gas is CLEARLY at the start of a protracted and torturous bear market. Don't think for a second that nat gas is going to bounce - it's not. As for averaging down? How much pain can you take. It's gonna be bad, anything gas related for a LONG, LONG time.
It's game over. Nobody wants to touch them. Too much money lost in these pieces of #^&%#/.
Nat gas is the new coal. Done for good.
Out of anything worthwhile to say.
in this world. You cannot win.
Whole energy complex has changed. Good if you're a big consumer of energy, bad if you're looking for price appreciation.
It's looking pretty bad. UGAZ ever reach $10 ever again? Just can't see it, but maybe in the next 5-10 yrs.
Market is nothing but a place to waste one's time.
Get on the wrong side, at the wrong price, and it's more or less game over.
This oil collapse is just what the no growth countries need to get going. They cannot let this low oil price just slip by without taking advantage of it. They will fire up the big machinery and grow again. They will if they have any brains at all. Cure for low prices is low prices.
WHAT A MISTAKE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
So fast you won't know what hit you. The miners have been down so long, unjustifiably so, that they are poised to be one of the best, yes best, performing groups in the market. JDST has probably seen it's best days in 2014.