With the vote looming next week the market wont hold here. Will selloff hard late.
I am and adding to my position. Oil will erase its several months of gains in a matter of days when it falls. Patience, the often overlooked part of investing/trading by gambling junkies with 3 week time frames like yourself.
Thats really not that bad. Only $40M more expensive than gta4 but its 3x the size and has the online addition. Already made close to twice its budget in pre sales.
Again, im bullish but on the sidelines. The price action is just too artificial here. Session highs keep coming way too early with setups for late takedowns. Thinking of actually going short until things change
A yes vote for syria should take WTI Crude down $5 instantly. A no vote should take it down $10 instantly. The congressional vote is a no win situation for oil at these absurd prices. Without syria there is no demand left and fraudulent situation to pump. Probably try to scare us about a coming hurricane but they crued wolf too many times this year already. The oil trade is over.
Ha Ha Ha Ha Ha!! Over emotional desperate long trying to justify his long position in oil. Pathetic. He who waits for the last dollar is a fool. Incredible no matter how many times they pull the same trick theres always a new group of dumb money that falls for it. You guys are not traders, you are gambling junkies masquerading as traders. Nothing but dumb money in oil now.
The only thing propping it is the silly syria situation. Egypt is under control, oil strikes in libya are reduced, zero hurricanes, driving is down, travel is down, refinery issues fixed, global economiies slowed, wildfire season ending, Canadaian flooding over, oil logistics fixed, US production at historical highs. The oil trade is over. There is absolutely nothing left to pump when the Syria situation ends this week. Its a disaster.
Has zero economic value and has a population smaller than NYC. Its a complete scam that even nuking that country would have any real impact on the globe. Hilarious that dumb money longs have been buying up oil so they can pull the rug when delayed onset reality hits.
the stock will break out but when i have not got a clue. If it breaks $20 i would expect $23-$24 pretty quick so am not sure it will until we get some news or rumors on gta5 sales
Dude, per your own posts you are long and bullish as all hell. I told you you were a dumb money fool waiting for the last dollar. You will get crushed and you will deserve it.
Gee, i got a great idear, im going to buy oil at multi year highs with production up and demand down. Brilliant.