Lions, it seems that VERY MANY of you are writing to me about shorting crude, and a lot of you are already short.
In my opinion shorting crude here is not a good idea. I am not saying that a pullback will not occur, it certainly may do that, but timing that correctly is tricky.
I will not be shorting crude, but I will be looking for opportunities to buy the dips.
GM
No shorting here. When I started trading in 2020, my first buy was 8 shares of UCO at $25. Today it is sitting at $108. Instead of trading all this time, I wish I had just bought a shit ton more😂 You live, you learn.
12 USA ships in the last 24 hours , left Virginia heading I believe to the Ukraine area. Looking to start a war with Putin? He will just shut off the gas pipeline to Europe if sanctions are implemented and freeze everyone to death !This is craziness!