Posted on 07/13/2016 8:07:54 PM PDT by dennisw
It can bite the shorts, just like backwardation at a market top can bite the longs.
There is so much disbelief in the rally in oil from its February lows.
That said, I have been closing some of my energy bull positions.
I would bet that China starts selling off it’s hoard of strategic metals it’s been buying and hoarding for years.
Destabilizing the world seems to be the goal.
Well they do pronounce it weefinewee.
That was my first thought/fear as well. Of course, as a patriotic American, I'd like to see gasoline at 75 cents a gallon, but that will never happen, I'm sure.
or stockpiling for war, or both.
you can bet its going to be a poor grade of gummy gasoline.
Those energy jobs are high paying jobs. Stupid to be outsourcing those. The Left are ignorant fools.
That make sense.
I was pretty decent at making money. Terrible at keeping it so I stopped.
Realized at 48 I’m a degenerate trader lol.
I’ve made 500 percent overnight (in soy bean once), and you knwo that’s possible, and I gave it ALL back. Like a degenerate gambler.
Excellent.
I am using E85. Burns clean and is far more detonation resistant than pump gasoline. Which means you can use higher compression ratios and/or crank up the boost pressure. You can make a ton of power on the cheap as compared to racing gas. The down side is ya need a lot of the stuff, about 1.33 time the gasoline you would burn for the same power.
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