Winning with UVXY -- 2300 shares today

Nine_Ender · Nov 30, 2022

Overnight said:
Why do I get the strongest sense that if we just bought Canadian oil companies, we'd be up much higher than Looney toons?

I suggested people buy Canadian Oil companies in 2020 but people just said they'd prefer to buy funny money ( Crypto ) or QQQ.

Overnight · Nov 30, 2022

Nine_Ender said:
I suggested people buy Canadian Oil companies in 2020 but people just said they'd prefer to buy funny money ( Crypto ) or QQQ.

I suppose you are not a very convincing Canadian. Lord knows, it took me a couple years to realize you were a canuk.

Nine_Ender · Dec 1, 2022

Overnight said:
I suppose you are not a very convincing Canadian. Lord knows, it took me a couple years to realize you were a canuk.

I'm not a salesman like Calhoun. He's still trying to sell the idea that UVXY dropping from 13.6x to 7.4x was somehow a buying opportunity the whole time. Get a clue buddy UVXY was one of the worst performing stocks or etfs on the planet since mid-October. How can someone seriously say "price action is everything" over and over again yet perpetually buy UVXY like a moron over this time period ( note the overnight holds ). I'm heavily invested in miners and Oil companies going into today. The Oil producers severely underperformed fundamentals yesterday and miners rallied hard.