Replies to post #126 on Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Sh (DRIP)

[Agoura Guy]

PREVIOUS DRIP HIGH OVER MULTIPLE YEARS IS IRRELEVANT DUE TO CONTANGO, HOWEVER, THERE IS A GREAT OPPORTUNITY FOR 5-10 BAGGAR GAIN WHEN OIL UTLIMATLEY COLLAPSES.

THE HISTORICAL CHART OF CRUDE SPIKES SHOWS THEY QUICKLY REVERSE INTO A SEVERE CORRECTION.

ECONOMICS CAN NOT SUPPORT ABNORMALLY HIGH OIL PRICES FOR AN EXTENDED DURATION SINCE DEMAND COLLAPSES.