I sold my position in COP from early this week for a nice win. I also out of my positions in SGY & CHK.
I’m out for now, and will wait for my next entry point for another round of buying.
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Nice wins! Getting out of UWTI today myself, took it (wasn’t expecting this jump!) at .78 a few days ago, with a stop at .74
Look at it now, wow!
Wish I would have pulled the trigger on UWTI.
Happy to recover lost coin on SGY, was down big at one point. You looking at anything here?
Honestly, too scared. I’ll pull today, be around 75% liquid. Waiting for the next opportunity, you know?
Fear of missing out is just that–fear. It ain’t real, so I’m just happy to be back in black after a gnarly two weeks.
Oil’s current break down this week below the Feb 2009 low means more weakness to come. If oil retests 38 and doesn’t bounce then Big Oil will crater and put small oil out of business.
Then the jobs go poof and Yellen keeps ZIRP, forever.
I pray that doesn’t happen, but understand it is a possibility.