I hope nobody was long /ES futures overnight. If so, they woke up to a margin call. Eeeeeeeeeeheheheheheeeeee! π€£π€£ππ€£πππππππ€£ππππ€ππ€π
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
Buh-bye SPX. It was nice knowing you π. Hehehehehe! π
Looks like the SPX just gapped down π hard. YES! ππ
BEARS RULE! π»π»π»
SPX Daily Chart π
https://docs.google.com/document/d/15rjmFP6OjlIzmOaAQPSx8jbCtCjAowy9-ysBYZxnhPo/edit?usp=drivesdk
ππΌββοΈ
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People heading for the exit doors Greg?
I hope nobody was long /ES futures overnight. If so, they woke up to a margin call. Eeeeeeeeeeheheheheheeeeee! π€£π€£ππ€£πππππππ€£ππππ€ππ€π
Already bought more PDBC at the open ποΈββοΈππΌ
Be HAPPY π when prices drop.
I see you just TOOK ADVANTAGE of that price drop. Goodgirl! ππ
Dangerous Donna, I hereby dub you......an Honorary Bear π»
Thanks for petting me π€£
π
Sounds like a good plan
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.
Still trading many stocks in small quantities right now and getting out of my bad positions.
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