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/biz/ - Business & Finance

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30349772 No.30349772 [Reply] [Original]

Give me one good reason i shouldn't be long on oil right now

>> No.30349867

>>30349772
You missed the boat. That was last week's trade.

>> No.30350095

>>30349867
it seems to me that oil is just getting started. Economy is going to have to reopen eventually, and the fed is injection billions into the economy. Oil seems great for the upcoming inflation

>> No.30351416

>still buying physical oil
boomer

>> No.30351433

>>30349867
This, you missed the rotation

>> No.30351492

Oil prices are going up because producers are nervous about bringing more production back online. What do you think will happen when producers start firing up wells that were shut down last year?

>t. Oil worker

I'm genuinely asking and this is my theory. Not sure if right

>> No.30351532

>>30349867

This. why buy the top?

>> No.30351790

All of the negative posters here is an indication is still has legs. Most of the younger traders are still stuck in meme stocks and shitcoins. Once they start to move in I’ll be looking for an exit.
Positions: 1.2m uco, 1.5m xom

>> No.30352968

>>30351790
do you have a price target? I might try and get in this week unless things go nuclear with bond prices being so fucked right now

>> No.30353030
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30353030

>>30349867
if you listen to this guy then you are retarded

>> No.30353088

>>30349772
there is none they il prop up oil to 100$

>> No.30353161

>>30349772
what about OIL etfs?
will DRIP and GUSH recover??

>> No.30353268

>>30349867
Zommer that applies his usual redd*t pump n dump logic to oil. Congrats retard, you will never make it

>> No.30353317

>>30351492
Oil price go higher because it must go higher. It pumps USA energy and finance sectors.

>> No.30353398

just jumped in mantradao cream, details about thant? all the defi advantagesd like staking/lp/governance open

>> No.30354789

>>30353398
what the fuck are you talking about