Replies to post #193531 on DD Support Board and Research Team

[samsamsamiam]

Friday, WTI crude was off 13% and Brent off 11%.

https://www.google.com/amp/s/www.cnbc.com/amp/2021/11/26/oil-tumbles-5percent-as-new-covid-variant-sparks-global-demand-concerns.html



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Was the second comment related to oil??


Yes staffing issues since Covid are global problems. But have other reasons:

https://www.google.com/amp/s/www.cnbc.com/amp/2021/10/20/global-shortage-of-workers-whats-going-on-experts-explain.html



Locally restaurants are all having problems finding workers. Some only operating on weekends now.

[OMOLIVES]

I typically follow WTI ... expect a major rebound(currently up 3 points plus). This was/is a total knee jerk and the outlets and Governments(mostly Europe and Israel is just nuts) spewing this crap...and jumping the gun with threats of crack downs have done a major injustice to South Africa and the general public. This strain will prove to be the weakest in toxicity...because that is how it works. Natural law should dictate a stronger spread with fewer symptoms. Only an extreme anomaly would prove otherwise.

In the meantime..look for cheapies' out there :) Should be able to find some nice yields currently :) Oil should blow up large come March...and I expect WTI to hit USD90 easily. In the meantime...oil is going to be fat volatile though..eh? Not sure if it will rebound as high as I expect it to today/tomorrow...because it doesn't take much to spook the participants. It may fall...but that would be idiotic.