who's short oil or thinking of shorting soon?

[joeyata1]

man its tempting its like naz 5k. when this busts it'll be swift and deadly to the downside

 

[MacroEvent]

no way --- one saudi oil field event away from a parabolic move

 

[The Kin]

Short Oil! Please! Short Squeze will only run up the price more.(Then again in the near term it might be a smart play because there is some speculation in the marker) But long term = long oil

 

[gearhead]

the oil market *has* lost contact with reality...but timing its return is challenging (to say the least). If you are short, be prepared for a bumpy ride.....

 

[MacroEvent]

like the buzzard on top of the shuttle external tank at liftoff

 

[The Kin]

Quote from gearhead:

the oil market *has* lost contact with reality...but timing its return is challenging (to say the least). If you are short, be prepared for a bumpy ride.....

Agreed. But given the risks along with minimal downside potential (well depending on who you talk to) is it really worth it? You could get caught in a $105 super spike thanks to small geopoltical events.

Surely there are better, less risky short plays out there than crude.

I been building up shares in Canadian energy companies for the last two years. I'm up over 170% in some of them plus 40% or so thanks to the appreciation of the canadian dollar. Long Oil has been good to me/.

 

[MacroEvent]

long oil has saved many hedgies from having to liquidate large equities short positions ---- today they are partying. Oil ran and the market is breaking down --- double positive for them.

 

[Ebo]

I always liked the number $69!