Microsectors US Big Oil Index 3x Leveraged ETN (NRGU): At this point, upside outweighs downside...

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Microsectors US Big Oil Index 3x Leveraged ETN (NRGU)

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Re: totffe post# 296

Wednesday, 04/22/2020 11:18:06 AM

Wednesday, April 22, 2020 11:18:06 AM

At this point, upside outweighs downside significantly... if you're short oil... you're on the wrong side... the big $ has already been made... smart $ is accumulating as much as they can at these depressed levels...

The glut will pass... more deals will be brokered... IMO they will eventually turn the spigot off anyway... but I'll save that for another post...

$NRGU

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