Beware of the bull traps!, CCL as an example

[zghorner]

for real started telling friends and family not to throw away cardboard boxes as i may need building material for my future home behind a waffle house.

 

[NY_HOOD]

I am a hoodlums hoodlum.

 

[cafeole]

Thats how it always happens.

If that were true, you should be buying puts or shorting stocks. There is no risk (if it ALWAYS happens)!

 

[FriskyCat]

Bar fight breaks out within five minutes...

 

[NewTraderAdventure]

benzinger gross is still a jagoff

 

[farmerjohn1324]

Bar fight breaks out within five minutes...

Social distanced bar fight.

 

[murray t turtle]

there are many out there. This is a classic bear market rally and will reverse course quickly and violently when the bulls have their guard down. Thats how it always happens.
No way this economy recovers quickly.

%%,
Looks like you are right on CCL downtrend , CL downtrend.
But most of the virus deaths are in state run/socialized med nations. And Italy+ France are heavy smokers.I asked a friend of mine Sunday ''who would have thought smoking was harmful to health ?? ''= we laughed off the bad news...................................................................A quick recover except gasoline + airlines/cruise sector ,could be easy.

 

[NewTraderAdventure]

benzinger chuck gross is a jackass

 

[LanceJ]

So, if I buy 1 CL at $20.00 and the price goes to zero then I will lose $20,000? But if the price goes back to $60, then I'll have $40k profit?

 

[maxinger]

Quite a few nice signals to day trade and long CCL.
yesterday volume was at record high.
definitely you can't hold position for many days.