Post by
2021Gamble on Feb 21, 2024 6:51am
so....WTI contract expiry
once again we've seen a run up in the WTI price immediately before the contract expiry, and now we are once again into the start of a new 4 week cycle of traders having a free-for-all with trading contracts.
will history play out? will there be a fall back to $73 now that we are in a new front month, or will they all turn their attention elsewhere? Inquiring minds of course want to know, especially on a stock here like BTE that swings the pendulum aggressively as a result of those swings
so what say you fine folks? many of you are gifted with the crystal ball of insight, or at least feign to have that miraculous power ... lol ... just kidding of course
seriously, am I the only one here that expects wti to crash once again now that the front month is fress and trading anew?
cheers
Comment by
liljohnnyjoke on Feb 21, 2024 8:55am
ckeck out the pop in ng prices today. looks like THEY have decided to hop over there and manipulate that up for a while after shorting the heck out of it from @ $3.50 to $1.50 since that polar vortex
Comment by
red2000 on Feb 21, 2024 10:06am
I pray each day for a sustain stability price for the WTI and WCS. 80-85$ for the WTI and 65-70$ for the WCS !! So far, it seems feasible ! GL Longs !