Wallstmessiah
Long

BUY WHEN other are dumb lol thanks for panic

AMEX:USO   UNITED STATES OIL FUND LP
lol speculator thinks oil will go to zero, seems like stupidity is contagious

bear trap elow support

buy and forget it

Comments

Oil went below zero... you should be taking advice, not giving it.
+15 Reply
keoncommerce tylerwitucki
@tylerwitucki, Pretty sure you shouldn't talk about things you dont understand LMAO
Reply
ThaDocta keoncommerce
@keoncommerce, just stop
+1 Reply
vashdao ThaDocta
@ThaDocta, lol @ trump pic
Reply
Maybe you should understand the fundamentals and forget the pretty lines, especially with something like USO, especially right now. It was literally written out that super contango would cause great pain until at least the May contracts expired.
+7 Reply
and your money is gone...
+3 Reply
Wouldn't it go something like...
Pandemic and people stop using oil, supply drastically exceeds demand, oil prices tank, oil companies bankrupt, pandemic stops and people start using oil, supply now fraction of what it was, oil prices rebound
+2 Reply
Saudi Aramco has TRILLIONS of barrels of oil in the ground sir, U.S fracking is fucking done, and so are electric cars in a sense because the oil price is going to stay low for a while. The first electric car was made in the 1800's ffs, if fossil fuel companies wanted electric cars they would have done it a while ago on a mass scale. Time will tell, but oufff I hope you didn't put your life savings on that trade.
+2 Reply
its not that oils will go to zero or went to zero, its the futures for oils (paper oil) will go to or below zero. which they did, i wouldnt be surprised if jun and july follow
+2 Reply
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