ES Journal - 2019/2020

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NQurious said:
China announce a record 1.6 million ton purchase of oil and price kept dropping. They are going to store it at sea. The only buyers are those with spare storage capacity.

Oil is going to $12
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But I thought it would bounce like NFLX in 2019!

"I remain long oil" .

Why is it B1 never man's up and takes his hits?
Christ.... he's down what (?) .... like almost 30%?
I'm not a pro, but I have to believe he'd be shit-canned for that one.
Its the equivalent of his bull market at 3250 call... in the space of 3 days.

Oh well, btw... he has me back on ignore now too. :rolleyes:
 
Overnight said:
The hell is going on in the ETH markets over there? You peeps are crazy. Just checked a delayed chart and it does not look too bad, but OOOPPPSSS!

We have USA retail sales data tomorrow. Who knows, in this new age of crazy.
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It'll be a non-event. They've already priced in horrendous numbers on that one... but I will say LOW and HD are killing it.
 
syswizard said:
CL (WTI) down 7% now under $21. Oil market totally disconnected from the equity markets.
I expect our government to make an announcement soon..... something like expanding the SPR (Strategic Petroleum Reserve) to spark the market.
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If it were that easy it would have been done by now. Did you read that link I replied to you with a few days ago about the SPR?
 
theapprentice said:
'They' deffo read the thread! You may or may not be aware it's the number 1 financial thread on the whole internet
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John Henry had this problem in real life. When he took positions other traders pushed prices in the opposite direction to force him out with a loss. He had to start to delay annoucing his new positions in his letters to his clients.

Schizo will not have that problems as many times he will be already out again before the funds were able to get in. LOL.
 
Sekiyo said:
Under 20$ CL is a bargain.

Sorry... had to say it.
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So how do you play cl? The next month contract is $7 more to go further out . USO has massive erosion . Speaking of uso why’s it 10% higher than 2 weeks so when oil was $20 ?Oil co’s Are 50% off there lows even though oil is hitting lows
 
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