Crude Oil Discussion Board

[JohnCM]

One trade I want to repeat(Last time I bought a leveraged BULL 3X ETF when CRUDE was down around the 20's).

Well here we are again. I did not have the guts to buy an inverse ETF because I did not know how traders would view the "historic" CRUDE oil production cuts. Now it's obvious.

I'll buy the ETF at CRUDE $20.00 $19.00 $18.00 $17.00 $16.00 $15.00.

CRUDE should go lower than $15.00 but I don't see the markets letting that happen.