Baytex Energy Corp T.BTE

Giving you guys a break loll... won't be around tomorrow

[Snowballer]

and no access to a computer :(  Have to put in guesstimate buys before market open but hopefully the real blood bath (if it happens) takes place on Firday when I can watch it haha.

GL ma friends.

[Kelvin]

Ok Snowballer, I'll go out on a limb. No bloodbath. Markets had already baked in declining PMI (US manufacturers index). Manufacturing in the US is in contraction. Fed rate hikes are causing a slowdown. Jobs remain strong for now. Elections coming. Dems don't want a recession. Fed will pause rate hikes. Meanwhile emerging markets in growth mode. Russia being pushed back. To rebuild the

[Snowballer]

Good post. Appreciate you taking the time to make those views come together. Excellent point in there for sure.  However, I think bloodbath is coming. Question is will it be slow or fast. Your points above paint a longer term picture (next two years or so) I'm talking about the next few months.  Can't disagree with you on a lot of those things... chartwise tho.. fk man looks

[Snowballer]

I need to see what the actual reality of WTI price action will be near term.  If goes to low $70's or even lower BTE SP is fkd and most here would probably agree with that. Hope your story narrative trumps my technical speculation. Time will tell.

[GambinoB]

Lmfao what clown Guy called his technicals speculation lmfao What a loser Its either techincal or its speculation Hopefully not 1 dumb soul listens to this clown Omg lmfao  I got one for you "factual guess" Lmfao toooooo funny

[Kelvin]

Yeah Snowballer, who knows short term? I don't know how to interpret tecnicals so I don't know what they're signalling. But if you're right, then a lot of people will be buying the dip at some point given the longer term trends.  Uranium is good! I like it as well. Humans have never been able to pack energy into a given mass like nature can. The binding energy in the Uranium

[Snowballer]

Well said on Uranium. Agreed, buying the dip is also my plan. I'm more surprised than worried about a potential blood bath coming, was really just looking for a pullback.. But might be more than that, unfortunately.  I just looked at the weekly chart and this is the 3rd week in a row we get recjected at the 50WMA. And the weekly MACD is starting to curl over to boot.  Aaannd a

[Kelvin]

Lol Snowballer, I had heckled Montreal a couple of times but I even stopped doing that. Things are getting too serious in Canada right now for everybody. We're all in the same boat. Some worse than others. Even those in a solid financial condition are worried about inflation, interest rates, cost of shelter and energy, rising taxes etc. A friend called me from Kelowna today saying that he'

[GambinoB]

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