RE:RE:RE:RE:10 out of 11 SB I certainly wish I would have listened to you more about 6 weeks ago when you called for BTE to be under $6. I did right by selling it over $8 but bought back in too early when it was near $7. Thankfully my CJ has fully rebounded (or HAD until the last hour of trade) and I unloaded most of it today at 9.27 when WTI went below $92.75. My problem is I always buy back in too early. I've lost often trying to time the market but overall I too have benefitted overall and am getting better at it. Technicals matter. If oil breaches $90.56 where do you see next support?
Snowballer wrote: 100 percent agree. Don't need to be the first guy in the door or the last guy out. Lots of time to enter and exit. But I always try to buy low and sell high loll Some like to buy low, miss the high sell, buy more higher later, miss the higher sell, hold the crash, buy more at the bottom. Good for them. I'd rather trade 5,000 time than hold 5 years.
masfortuna wrote: Np with that Snowy. The trick is to actual benefit from it. You could start going short on these oil companies if you like BUT we are 1 hurrican away from $100 oil again. and that's with gov't intervention with SPR, Gov't ant-oil policies, high inflation. talk of recession, Chinese economic woes...etc. Plus all companies are tradinghigher than the lows they posted in May meaning that even with oil at $70, the sp may start to reflect fundamentals. Gl!