Crude Oil

Overnight said:
Well, you did the right thing in getting out of it, so you can sleep now for a bit. Many things will be going through your head about how it is now printing over a point above your exit price, etc etc etc. Don't dwell on it.

But to get back into it without waiting to see how the market plays out tomorrow is a bit raucous, especially after such a misguided entry. Better to wait until Thursday meeting. If they indeed have one.
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I was hoping the Thursday meeting would be the catalyst to profits!!!
 
farmerjohn1324 said:
I was hoping the Thursday meeting would be the catalyst to profits!!!
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If you really thought that, you would have held your position, since you did not get margin-called, and are wiring a bunch more money into the account.

I.E. You could have sold just a couple of contracts and still had some of it to recover.
 
Overnight said:
If you really thought that, you would have held your position, since you did not get margin-called, and are wiring a bunch more money into the account.

I.E. You could have sold just a couple of contracts and still had some of it to recover.
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No. I wouldn't have wanted that many positions due to risk. I sold all as soon as I saw it didn't plummet.

I cancelled the wire of new money. No longer necessary
 
farmerjohn1324 said:
No. I wouldn't have wanted that many positions due to risk. I sold all as soon as I saw it didn't plummet.

I cancelled the wire of new money. No longer necessary
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Well, you are doing what you see fit. My advice, now that you are down to like 30K+, is one contract only if you want to swing CL. ONE ONLY!
 
Overnight said:
He probably means the National Guard, because they are military. We deploy National Guard troops all over the country during many crises. Anyone ever heard of a hurricane?
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But by definition the President can only activate National Guard under Title 10 which limits them to doing only what active duty troops can do. Governor's can activate under Title 32 which is the disaster response you see normally. Most probably Trump is too stupid to be aware of this key distinction, so not clear if he's not the one doing the sending or if he's just spouting random bullshit stream of consciousness like he usually does. Unbelievable that we elected that assclown!
 
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Farmer John when he wakes up in the morning
 
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