RE:It's a Mad Mad Mad World !!! Ok Everybody knows that we saw the end to the longest bull run in history last Thursday when the market dropped past a negative 20%. Not news.
We all know that Nigerian oil remains unsold in tankers laying off the coast in international waters.
We all know of the oil price wars.
What we don't know is how bad it's going to get in the US regarding covid-19 and how long it will take to deal with outbreak.
in time this will be answered.
Time is the only real unknown when it comes to the market because a demand equation has already started and will only grow, maybe even enough to flatten the market curve in time.
This is currently a selling short opportunity followed by a buying long opportunity.
Dont cry if you're not making money.