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Bullboard - Stock Discussion Forum BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

TSX:HVU - Post Discussion

BETAPRO SP500 VIX ST FTRS 2X DLY BULL > If the collapse in crude continues
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Post by darthsidious666 on Aug 30, 2016 10:53am

If the collapse in crude continues

It could spill over into the sp 500. Usually i dont like buying into this in the morning but im looking to hold until friday jobs report
Comment by Steven1 on Aug 30, 2016 11:31am
Thats what happend last December after the last rate hike
Comment by Steven1 on Aug 30, 2016 11:55am
The advertisements on the free version of stockcharts.com are strange. One day it shows a popup Dow to 50,000. The next day another ad: Dow to drop 80% :)
Comment by darthsidious666 on Aug 30, 2016 11:55am
If the dollar index can make it to 97-98, there will be quite a pullback. If oil fundamentals on top of that are mediocre, crude can find its way back to 38-39 in a matter of days . Nothing is forsure, i think that traders are starting to disregard opec's comments a little more. And lets say they freeze production at elevated levels. If price goes to 50 then more rigs online. Tbh its a really ...more  
Comment by curiousbuild on Aug 30, 2016 8:13pm
Agreed.. need strong dollar index and commodities crash for major pullback.. people sell everything when their oil and gold holdings go down.. CB
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