RE:RE:Have you been burned by HOUMy thoughts exactly . If people had bought the oil contract directly they would have lost allot more . The fact that people figured oil had dropped enough , that it was gonna rebound , that was the mistake . They have been saying for weeks they will run out of storage . I believe may 3 is the date . So jun oil will go negative and July oil will hit between 5-10 bucks imo.