13 Comments
Jun 10, 2022Β·edited Jun 10, 2022

Buh-bye SPX. It was nice knowing you 😊. Hehehehehe! 😈

Looks like the SPX just gapped down πŸ‘‡ hard. YES! πŸ‘πŸ˜ƒ

BEARS RULE! 🐻🐻🐻

SPX Daily Chart πŸ“‰

https://docs.google.com/document/d/15rjmFP6OjlIzmOaAQPSx8jbCtCjAowy9-ysBYZxnhPo/edit?usp=drivesdk

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πŸ™‹πŸΌβ€β™€οΈ

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πŸ™‹

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Jun 10, 2022Β·edited Jun 10, 2022

People heading for the exit doors Greg?

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I hope nobody was long /ES futures overnight. If so, they woke up to a margin call. Eeeeeeeeeeheheheheheeeeee! πŸ€£πŸ€£πŸ˜‚πŸ€£πŸ˜‚πŸ˜‚πŸ˜πŸ˜‚πŸ˜πŸ˜‚πŸ€£πŸ˜‚πŸ˜‚πŸ˜†πŸ€—πŸ˜†πŸ€—πŸ˜€

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Already bought more PDBC at the open πŸ‹οΈβ€β™€οΈπŸ’ƒπŸΌ

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Jun 10, 2022Β·edited Jun 10, 2022

Be HAPPY 😁 when prices drop.

I see you just TOOK ADVANTAGE of that price drop. Goodgirl! πŸ‘πŸ˜ƒ

Dangerous Donna, I hereby dub you......an Honorary Bear 🐻

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Thanks for petting me 🀣

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😁

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Sounds like a good plan

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Once oil/gas crosses $5.55 a gallon it's lights out for oil as you will end up living for

energy rather than oil "living for you". Soon the dinosaur will die a rapid death as oil

producers realize the death spiral is occurring and then an economic slow down and

consumers not wiling to drive so much or shop so much or more wisely than not.

I wouldn't be surprised to see Nations that are addicted to oil move to National Emergency

Distribution through trade ins backed by national governments from the dinosaur oil

cars and truck to electric cars and trucks thereby sending the final "adios" to large scale

oil consumption as well as the issue of climate change. I don't know if you folks ever

watch the "high end of the military forces forums on issues they say the US and the World

is facing" but in fact they indeed have been speaking to the major issue of climate change

for decades warning as to the coming problems not in just weather or melting ice caps, etc.

but more so the total destruction and degradation of the biosphere of insects, birds, etc. that

has been occurring but no one was ever listening. Now you have degeneration of those cyclical

self sustaining systems as we proclaim progress but the question remains to what? A declining

growth cycle unable to sustain levels of food and agricultural to man and insects, animals

and soil denigration till there are no longer cycles or food chains left to allow for growth

systems to sustain mankind or the animal and other systems in any feasible way. This

is why you see corporate agriculture rather than family agriculture and all the other nuances

of the declines across the "whole world". And, no one ever can figure out why Putin is fighting

so fiercely and persistently in Ukraine. That's because of oil, natural gas and yes agriculture

for the world markets inclusive of Europe with pipelines already established to that region

from Ukraine. Putin sees his grasp and control of oil and food diminishing over time to Europe

so his money for his military and corruption. Where are the oil, gas and coal areas in Ukraine?

In Eastern Ukraine of course and Putin pushes endlessly also to control the sea lanes off of

Ukraine hoping to strangle Ukraine into submission. Yet, will he and even if he does, where

will he sell his oil and gas to as other independent nations in that region are already selling

their oil and natural gas to "China"?

The last 2 hour lecture from the military intelligentsia was a PHD lecture on the electrification

of all Western Nations Infrastructure of energy and how we apply it in order to reduce and

prune down use of energy while maximizing efficiencies so future generations will have an actual

future. That requires selflessness of all of us which most of us will be unwilling to do until the

whole infrastructure which we have relied on collapses or is untenable economically or all the above.

It's been always my understanding listening to Gregg over the years that he best epitomizes

the outsider seeing the current system as corrupt and unfair to the average investors. I'm more

cynical than this to advise the whole system is like a beautiful guilded carriage with six of the

most wonderous steads galloping us as quickly as possible over the cliff. Once the carriage is

over the cliff, what is there to replace it with that actually is proven to work? The answer nothing!

That is why anytime you "wish" for something than the current "other" you end up with a

collapsing black hole and contrary to so called outsiders riding this beast down and into the

abyss, you more candidly need leaders and people with courage and strength to fly us out

and away on sturdy wings from that bountiful nothingness for nobody across the world over.

Get ready! Warnings came and went for ever and ever around the whole world. The "Crossing"

is never fun especially on a creaking, burning wood bridge with splitting ropes on both sides

and leg anchors that now wobble from end to end.

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Still trading many stocks in small quantities right now and getting out of my bad positions.

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Jun 10, 2022Β·edited Jun 10, 2022

Well see whether pdbc closes lower today; as for uso don't like uso's .81% fees vs .10 fees for energy etf xle. I added to pdbc, mro, dvn,cvx and mmp - only concern is lower consumer demand as oil rises

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