RE:Day of CapitulationWINDGOD46 wrote: The sharp sell off today has a feeling of capitulation of the oil stocks in particular and the market in general. The Crime syndicate at work today, future traders, speculators, shorts et al, are having a field day today, but I do not know how they are going to deal with the shortage of oil and gas come the driving season and the following winter. But, again, these monkeys live only for today because long term we're all dead. In the meantime, Joe Biden's Congress is Toast come November elections no matter how much oil Joe releases from the reserves.
Reserves are more or less empty - you can't release what you don't have! Take the lumps today - know you are working towards tomorrow. It's the only thing keeping me half-a$$ed smiling today.