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Sell in May and Go Away, BUT OIL??

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MadBrewer Member Level  Thursday, 05/21/20 06:31:37 AM
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Sell in May and Go Away, BUT OIL??
This shut down crap screwed alot,...what can one do?
Can one benefit since it already/we let it happened?

Lets see where the damage happened as per oil &
perhaps see any trading points;


Summer is coming, peeps are getting pissed about all this crap &
well, it's getting hotter=
viruses go dormant in the summer.

Oil got slammed early on & making a come back=
good time for a NOW 2x oil play,
(congrats to earlier players here, I was in other plays).

Point is,
countries opening up because it's summer,
peeps want to get on the road.

Ya-Ya, max supplies/no storage, etc.

Production has also been cut AND,
this summer peeps are just going to want to just get out=
buy gas/fuel.

In Cali, SF Bay Area, we never got the benefit of $20 a barrel,
where I am, $2.53 was the best.

Cheers

BTW,
ProShares UltraShort (SCO)
for the coming winter

Cheers Again



Avast ye Mateys, a statement of plunder is not upon ye,
only missing sails & lazy seamanship upon thy keel.
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