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| StriperTalk! All things Striper |
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04-02-2020, 08:59 AM
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#1
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by nightfighter
I have gone back to my previous life in the financial world and been trading the market.
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Can oil go much lower? Been thinking of buying a little Chevron or maybe USO (oil futures) with a timeline of a few years. I heard someone say there's a reasonable chance oil could actually go below zero, but it can't stay there forever... |
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04-02-2020, 10:21 AM
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#2
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Registered User
Join Date: May 2003
Location: Easton, MA
Posts: 5,737
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Quote:
Originally Posted by Jim in CT
Can oil go much lower? Been thinking of buying a little Chevron or maybe USO (oil futures) with a timeline of a few years. I heard someone say there's a reasonable chance oil could actually go below zero, but it can't stay there forever...
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Oil is back up a bit today, but it’ll definitely be going lower. I think we’re going to see a legit market crash in the next week to 10 days. I’ve been doing well the last couple weeks shorting the market.
Posted from my iPhone/Mobile device |
Conservatism is not about leaving people behind. Conservatism is about empowering people to catch up, to give them tools at their disposal that make it possible for them to access all the hope, all the promise, all the opportunity that America offers. - Marco Rubio
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04-02-2020, 11:21 AM
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#3
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by fishbones
Oil is back up a bit today, but it’ll definitely be going lower. I think we’re going to see a legit market crash in the next week to 10 days. I’ve been doing well the last couple weeks shorting the market.
Posted from my iPhone/Mobile device
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Sure is! I waited a day too long to ask this question. I don't know anything about that industry, but I have to think there's opportunity there. I bought USO once a few years ago when oil got down to $35 a barrel, and did very well. |
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04-02-2020, 12:08 PM
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#4
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Registered User
Join Date: Nov 2000
Location: Warwick RI,02889
Posts: 11,793
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yet the two gas stations at the corner both went up the last couple of days ?????
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ENJOY WHAT YOU HAVE !!!
MIKE
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04-05-2020, 07:08 AM
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#5
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Very Grumpy bay man
Join Date: Nov 2003
Location: Rhode Island
Posts: 10,852
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Still $1.74 up here Mike.
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No boat, back in the suds.  
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