Replies to post #191385 on SPDR S&P 500 (SPY)

[risk on]

What's the bad news? I think the news on supply will remain bad , as no major oil producer can stop pumping, or even slowdown as their entire economies are based on oil production. Unless demand suddenly Picks up ( snicker ), the oil price will slide w current supply and production levels IMO .

[thefranchise]

Hhahaha, no.

[GuTA]

I need some bad news for oil! Maybe it will actually follow through this time instead of just get bought back up.

I have a silly amount of USO 4/15 puts. They are all that red, but I avg them down big time today, so needless to say I could use an oil downdraft this week or next.