njdevilsfan87
Platinum Member
- Apr 19, 2007
- 2,331
- 251
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If this starts strong out of the gate tomorrow morning I'll be entering an inverse ETF to hedge my bets.
got out of oil.I bought SQQQ at 21, probably retest lows on market before we go back up.
got out of oil.
tooooooooo risky right now to hold over the weekend with the April 1 cliff coming up next week.
who knows if Russia/Saudi will blink over the weekend and start talking deal.
or Trump decides to put heavy tariffs on both Saudi and Russia oil.
in for 6figures of sqqq at $21.
edit:
of course 5min after i buy the price drops to $20.70
and Russia blinks.got out of oil.
tooooooooo risky right now to hold over the weekend with the April 1 cliff coming up next week.
who knows if Russia/Saudi will blink over the weekend and start talking deal.
or Trump decides to put heavy tariffs on both Saudi and Russia oil.
in for 6figures of sqqq at $21.
edit:
of course 5min after i buy the price drops to $20.70
yeah, those last minutes of trading were wild.Thank goodness for last minute selloffs! I bought some calls, now have 700 shares and 5 calls.
Musk is maximizing synergy from his SpaceX by launching satellites for high-speed anywhere Internet from space.
there's already 300 satellites in orbit.
he could start delivering internet to costumers this summer.
oh nose.. those killer satalites will cause everyone on earth to die from brain tumors.Oh believe me... I know this...
I had to see this laughable shit from hipsters on my Facebook feed lol.
View attachment 18771
Rumor that us shale producers talking to OPEC without saudi?
Saudi and Russia talks went nowhere this weekend.Somebody better talk. WTI Crude is on the cusp of breaking $20 barrel ... again.
Saudi and Russia talks went nowhere this weekend.
still, I'm glad I got out of oil on fri. risk/reward wasn't there to carry the short to mon.
lets hope our bet on sqqq pays off b4 I get stopped out at $19.50
Going to be some bad times for everyone Im afraid..
Here are the stats from the bottom of the Great Depression -
Time period: August 1929 – March 1933
Duration (months): 43
Global GDP decline: -26.7%
Peak global unemployment: 24.9% (1933)
Morgan Stanley and Goldman Sachs has already predicted a GDP decline of 30%.
30% GDP drop: Morgan Stanley joins Goldman Sachs in upping estimates of coronavirus economic pain
The dire forecasts from two of Wall Street’s biggest banks reflects the sudden stop that the U.S. and European economies are witnessing following China’s slump at the start of the year.fortune.com