The Lawd Almighty has seen my plight from last week and has given me another chance of redemption. Sing Allelujah!
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Lmao...so wrong. This had me rolling. Good for you, man.
The Lawd Almighty has seen my plight from last week and has given me another chance of redemption. Sing Allelujah!
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Sorry,Am I missing some reference for this reply? I was speaking specifically of the trading dialogue. This seems like you veered off into a political conversation while explicitly denying it at the start of the post.
Sorry,
I was just wondering if the new respectful level of conversation had anything to do with the larger experience we are having as a people of having our mortality in question. Which is happening more and more. For a long time the answer to the question was "No", and that was the end of the discussion. I was happy with that. But over the last 2 -3 weeks I have not talked to a single person who has not answered 'yes'. It is sobering.
Used judiciously, the question has gotten me out of political conversations I have no interest in. The question and the answer belong to that person answering it...
My source tells me CL has gone up as high as it possibly could. It's bound to fall back down. Also there's a very good chance we see sub-zero again, unless the storage problem is solved before expiration, which is very unlikely.Guys - I know there is drama in the equity markets and ES. However, that is nowhere close to what's happening in the crude oil market (CL). We have the June contract expiration coming up on May 19th and it looks to be a doozy.
Here are the relevant recent posts:
https://www.elitetrader.com/et/thre...negative-oil-price.344236/page-2#post-5090014
My source tells me CL has gone up as high as it possibly could. It's bound to fall back down. Also there's a very good chance we see sub-zero again, unless the storage problem is solved before expiration, which is very unlikely.
This past week June CL tried several times to stay above the 20.00 level....and could not. That was quite a tell.A pretty textbook failure up around the 4/20 lows.
I heard that one direct from him also. So very true.