Post by
Vinnie3 on Jul 20, 2022 8:21pm
This is why I needed a break
All my oil stocks are covered with options sold deep in the money (5% reward), extreme low profit low risk.
Here's why. We all are fully aware of the onslaught of contradictory oil news, ever evoving from one country to the next with demand teasing the bull to a coming orgasm of sorts that will be hard to reach but it will sure feel disastrous the next morning.....
Lets look at inflation news in Canada today. Int he web site investing, it says for June the core CPI inflation form last year was 6.2. It was green letters, as opposed to red letters as if it was somethjng good, which it clearly is not.. But the reason Investing put in in green was because it exceeded expectations of analysts who were at 5.9. Green fot that? That site and others are full of this type of rampant mistake. Blame computers. Not just lies but profitable computer programs with tons of errors.I cant wait for the crash when people will once agains think !! THINK.
Comment by
cashworx on Jul 21, 2022 1:05am
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