RE:RE:Everybody acceptingHighOctane89 wrote: The irony is thicker than London fog when you actually think about it . All those old hedges that everyone hated may be a revenue lift in the Q4 for BTE , China lockdowns were a huge reason for negative sentiment but soon as they start to reopen that too becomes a RISK !!!!!! The paper market pushes cheap oil into an already tight market while imported gas and distilites are passed off as domestic refineries meeting demand . You just have to wonder what ever happened to responsible journalism when lies are for sale since ad revenue won't pay the bills .
Sidelines are the safest place to be when you can't trust anyone , the media will say whatever they are paid to push and presently they recommend we all build bomb shelters since an extinction event is imminent . Mas , your stategy works like a charm .
Iread somewhere that if you protect your risk to the downside, or do nothing wrong, right things will happen.
I sleep better at night knowing that i am 100% cash at the moment. Chasing for a pennies when you can lose big dollars is not for me.
I dont chase pipe dreams or build castles in the air.
The time to buy will be when there is fear and blood on the streets. Right now it is still early.