Post by
masfortuna on Nov 19, 2023 6:35pm
Hey Cobalt!
Remember last week when you said shorts don't need luck?
Two days ago, JPMorgan’s head of energy strategy Christyan Malek warned that amid the recent plunge in oil prices, driven as much by shorting CTAs (who today are in full-blown short squeeze panic mode) as the Biden admin, the oil market was underestimating the chances of deeper supply cuts during this month's Nov 26 OPEC+ meeting.
Comment by
Cobalt on Nov 19, 2023 8:13pm
I never said going forward they dont need luck my answer i gave you was they did not need luck for their past performance, always over reading.
Comment by
masfortuna on Nov 20, 2023 3:34pm
They don't need luck for their past performance? That doesn't even make sense. Just saying.