Author Topic: Forex, futures and stocks trading  (Read 18621 times)

Offline AsherO

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Re: Forex, futures and stocks trading
« Reply #195 on: April 03, 2020, 02:14:34 PM »
And that is the meaning of:


The difference is that my OTnik brain can’t wrap itself around what you wrote.
My barber needs your support, he’s a real sweetheart.

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Offline yos9694

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Re: Forex, futures and stocks trading
« Reply #196 on: April 03, 2020, 04:06:22 PM »
Just because you’re right about it happening eventually doesn’t mean it’ll happen “before long”. The difference between those two is like to be more than 1% chance.

I see where you got 1% from my 99% and 100% but that's not what I meant. Before long is vague and we all agree that it's impossible to pin down how long. The quote that Exgingy brought just means that if you bet on it going back up in 6 months, there's a good chance it goes up in 6 months plus 1 day and you are then bankrupt.

I personally think it'll be back to $40-$50 by June, but I'd have to be stupid to put money on it.

Offline aygart

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Re: Forex, futures and stocks trading
« Reply #197 on: April 03, 2020, 06:19:33 PM »
Oil rigs can go offline very quickly. Many smaller drillers will go bankrupt but the weeks will still bee there. The larger companies will snap them up and let them sit
The thing with the hamster is that running on the wheel is actually what it is trying to do.

Offline ExGingi

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Re: Forex, futures and stocks trading
« Reply #198 on: April 03, 2020, 06:33:53 PM »
The quote that Exgingy brought just means that if you bet on it going back up in 6 months, there's a good chance it goes up in 6 months plus 1 day and you are then bankrupt.

That is absolutely NOT what is meant by Keynes’ quote.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline Zevwolf

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Re: Forex, futures and stocks trading
« Reply #199 on: April 19, 2020, 10:31:44 PM »
Crude Oil 15.63-2.64 (-14.45%) 20 year low.

Offline ExGingi

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Re: Forex, futures and stocks trading
« Reply #200 on: April 19, 2020, 10:56:29 PM »
Crude Oil 15.63-2.64 (-14.45%) 20 year low.
https://www.bloomberg.com/news/articles/2020-04-19/oil-drops-to-18-year-low-on-global-demand-crunch-storage-woes


Quote
Near-term prices for West Texas Intermediate, the U.S. benchmark, are trading at huge discounts to later-dated contracts on concern the storage hub of Cushing, Oklahoma, will fill to capacity. That has seen prices disconnect from Brent futures in London. Buyers in Texas are offering as little as $2 a barrel for some oil streams, raising the possibility that American producers may soon have to pay customers to take crude off their hands.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline Chapshnell

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Re: Forex, futures and stocks trading
« Reply #201 on: April 20, 2020, 07:13:47 AM »
Wow

Offline ExGingi

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Re: Forex, futures and stocks trading
« Reply #202 on: April 20, 2020, 07:43:34 AM »
Wow
Catch some real fast so the duck can keep on bathing in it to maintain the color.  ;D
I've been waiting over 5 years with bated breath for someone to say that!
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Offline Chapshnell

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Re: Forex, futures and stocks trading
« Reply #203 on: April 20, 2020, 08:49:51 AM »
Not normal

Offline ExGingi

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Re: Forex, futures and stocks trading
« Reply #204 on: April 20, 2020, 08:55:36 AM »
Not normal

Well some grades are much lower (and negative).
I've been waiting over 5 years with bated breath for someone to say that!
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Offline yos9694

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Re: Forex, futures and stocks trading
« Reply #205 on: April 20, 2020, 10:34:35 AM »
Well some grades are much lower (and negative).

Empty out your basement and pay for a May delivery. Flip that stuff next Pesach :)

Offline aygart

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The thing with the hamster is that running on the wheel is actually what it is trying to do.

Offline Chapshnell

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Re: Forex, futures and stocks trading
« Reply #207 on: April 20, 2020, 11:29:36 AM »
Omg

Offline Mordyk

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Re: Forex, futures and stocks trading
« Reply #208 on: April 20, 2020, 11:44:47 AM »
what ticker to invest in some sort of rebound of crude?

Offline ExGingi

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Re: Forex, futures and stocks trading
« Reply #209 on: April 20, 2020, 11:48:49 AM »
what ticker to invest in some sort of rebound of crude?

USO?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan