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Re: None

Thursday, 04/30/2020 11:34:26 PM

Thursday, April 30, 2020 11:34:26 PM

Post# of 277
I now firmly believe, after the mid-day takedown of SCO, that the Fed is making CERTAIN oil futures are going to steadily keep rising.

AND?????????????????????????

And using short oil ETF's is much too unpredictable (risky) for the foreseeable future.

I'm in no way suggesting a person go long oil ETF's, but I AM advocating that shorting is much too risky. The Fed has unlimited digital dollars to push oil futures higher ... even when oil isn't worth a plug nickle on the open market.

The reason for global warming is because hell is getting hotter.