Today 8:49 am
Some people may have taken the oil short trade due to how overextended oil stocks were back in March. It was a good trade if your market timing skills were up to par.*Roshambo » Yesterday, 7:28 pm » wrote: ↑ @LowIQTrash @Blackvegetable any in-sight on "shorting" oil companies since May
FYI Gator claims he owns an oil well.
I personally was long oil for a short period of time in Feb until the charts looked very toppy, at which point I knew the orange conman would try and goose prices down. Some will cry about this "manipulation" but nothing goes up forever in a straight line...except maybe M2 since 1933.