ES Journal - 2019/2020

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If he was buying the june contract. Since he didn't mention it we should assume it was the may contract, so he lost a lot more, no? Or did I miss something (he blocked me, so can't see his posts)
 
Jokes apart, I don't see how Jun contract evades the same fate as May contract given the same storage issues still persists
Totally agree. The news on USO and their re-balancing efforts is just hype. The basic supply/demand situation hasn't changed at all. Nonetheless the market remains volatile due to potential announcements from Trump and the Texas Railroad commission. Expect June CL to remain a wild ride until settlement date. I am thinking single-digit prices at the contract close.
 
What bottom are you speaking of for B1? B1 was buying the cl 4 weeks ago when the may contract was $22 and the June contract was $33. He lost 60% of his money.
Man, what are you talking about? For B1, everyday is an Izzy Bottom. Like the damn Energizer Bunny, he just can't stop! :finger:
 
2847 will bring in sellers. Dealers are still net long from that area.

I would not be long near 2847.

you've been posting since Wed 4/22 to short 2847. No stop or profit target - just to short 2847.
So far it's been best case scenario for 5.5 points profit, versus worst case scenario 25 point loss (and growing).

what's the plan since you post far in advance before things happen?
 
You do realize that it dropped $50,000 per contract from his bottom, right? A "little" early, spy?

yes, May contract did - assumed / hoping he was in the farther out contracts :wtf:
unless he enumerates it we will have to guess. .worst case $50,000 X ???
 
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