Baytex Energy Corp T.BTE

Once again the markets sold off

[Trendmaker1]

What's in store for tomorrow? will oil bounce back and head up to $85 or will it sell off?  tonights trading could sell off oil before the weekend and with the fed's speeches tomorrow I can't see them saying that the economy is bullish so if they mention that they will be doing another .75% rise in December and talk about doing everything possible to slow the economy the markets might not like that.

And all this talk about $100 oil is ridiculous because we had $100 oil when the economy was bullish and demand tightness was maxed out and it didn't last long before it was sold off so how can we get $100 oil in a piss poor economy with all the troubles in the world like China COVID and Europe problems and global central banks raising interest rates?

And even if they cut production the price for oil is controlled by humans and they don't necessarily need to drive oil up to $100 because they can bid oil up to $90 or whatever. I think that oil will return to $70 oil again and oil is at $82 so a drop of $3 puts use into $79 oil. And the stock markets keep selling off and that points to a troubled economy coming.

[realcdn]

@smalldiktdr, is that you? Lol  

[dandu1924]

probably the same family, with the same language, we can reconize them just by  the way they talking and acting, just put on ignore list the Trendmoonmaker.

[Tommy007]

Where do the fund managers move their fund to when Dow, Nasdaq and TSX are all down? There is indication showing the funds are shifting into energy market. The O&G stocks will be stronger for the time being. However, this could always be double-edged sword.

[raven16]

Good Catch, For Sure Thats Him.Like A Snake In The Tall Grass Until You Cut The Grass And Expose Him.

[Moemoney42]

Absolutely that's smallcrapper.. its his alter ego.. you know.. the one that gives him his own thumbs up on his own posts..!  LMAO..!!

[Hightowntrader]

A snake in the grass...or those pesky dog shiits that need to be picked up before mowing...Same annoying thing...lol And spewing negative BS on other boards as well, so useless to the community...

[Greenday]

@ Trendmaker1 - So there's an energy crisis looming in Europe and you're saying that the price of oil will retreat to $70 and stay there?

[masfortuna]

Ok so you listed 6 different reasonswhy you are negative oil.  Why then are you here lol! Off the meds again I see.