Home Forums Hunting & Shooting Hunter's Campfire Dow Is Phuqked

About to pull the trigger here and fairly soon I’m thinking.

I'm letting oil tank some more. I might get itchy when things get below 20,000. The outcome of the election is first. I won't do anything but hold what little cash I had left when I sold at 25,000.

I'm too old for any prolonged "long haul".

Like I said yesterday, we've seen this movie before, and will again. Oil will recover, oil companies will recover, and there will be lots of money made on Oxy, Chev, XOM, etc. Nothing new here. Companies like Chesapeake have been mismanaged for years so they are a bad example. They are almost non existent here in the Permian.


https://www.marketwatch.com/story/e...ly-as-crude-oil-prices-bounce-2020-03-10

It's been a wild ride, first major correction I've experienced as an investor.

I'm down significantly but it'll come back, just been steadily buying VXUS which is what I need right now.

i was a stockbroker in 1987. the real down was on a monday, but you could literally smell the fear in the air the preceding friday. for a whole week the system was so screwed up you didn't know if orders had been executed or not.
i had a client with big cajones come in on monday, borrow 50k from margin, and put limit orders on various stocks. we didn't know for four or five days if they had been executed or not. they had, Withing about six months he had doubled his money.
I asked him if he ever went to the horse races? I wanted to go too with him.
More nads than i had.

Yahoo!
What a ride we’re on, Boys. Ain’t no horse that can’t be rode and ain’t no Cowboy that can’t be throwed.

Getting interesting.

Good read.....the ragheads would still be herding sheep and goats all over the desert if it weren't for Americans. Dumbasses.....

https://www.bloomberg.com/news/arti...-can-ill-afford-oil-price-war-it-started

Wait till Israel completes its natural gas pipeline to Europe vs Russia’s gas to Europe.

Some sparks are gonna fly. Russia’s revenue is based upon oil, natural gas and arms sales. Knock out any leg of their 3 legged stool and...........,,,,,

if you look at the big picture it is hard to come to that conclusion, without the epidemic, strong market forces would still be in force to right the ship. if there is global decimation, that won't be possible

Put yer helmets on, she's heading down.......

no question, but campaign strategy is gonna be turned on its head

BTW, if anybody wants to lapse into temporary depression, watch Tucker's monologue from last night

JG, what do you think of the retired head of Exxon saying oil would go to 20 this year?

Naa. Trump is in Putins back pocket. Putin is playing him big time. Trump is on the run. Nothings being done.

Obama announced he is no longer responsible for the economy.

Was he ever more than irresponsible with it?

Now that’s timing the market ! 😳😂😂

Jag, ya reckon that the scchitt is about to hit the wall in Iran ?

I see no help for them forthcoming from mutha roosha.

I believe that we might be about to see the mother of all demonstrations there. Iraq, too, quite possibly.

I am not....

I honestly believe nobody but God Almighty knows what will happen to any of the markets. The talking heads are wrong more often than they're right IMO.