This is the WTI Crude Oil May Contract That Went NEGATIVAL I...
This is the WTI Crude Oil May Contract That Went NEGATIVAL IT'S DOING MUCH BETTER NOW IT'S TOO OF THOSE OIL
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ThatGuyTrading : I ONLY TOWARD ONE RIGHT BEFORE FINALING WAS HESHAD I HAD JUST MADE
Trader-101 OP ThatGuyTrading : I'm Not Trading Contracts Honey That's A Future Contract That's How They Gauge Are Oil Contract Prices Are Index Based Off Of Oil Futures Which Is A Futures Just An Option Contract
Trader-101 OP : Sorry about the grammar I'm talking into my phone so ignore that
Trader-101 OP ThatGuyTrading : I think you want a real opportunity in our group we want up 5,000 shares of WTI when it hit under a dollar 96 I think we paid
Triss : Any idea which oil counters to get in for long term (I mean for share)
Trader-101 OP Triss : I'm not recommending any company is right now just because there's going to be a few that could be on the verge of admission by the time this is over the only thing I would Is WTI That's Our Oil Index and Refinery with That Said It's Your Refinery Play because most of the oil market would have to go under they do
Trader-101 OP Triss : Now there are a few pics that I would go with if I were to choose one Chevron Exxon Route 66 Apache just to name a few
Triss : I also prefer to buy oil ETF which I think will be a safe play. I'm thinking to buy rebirth of oil index for short term as well
Trader-101 OP Triss : I would not have thought that we just had the biggest crash almost in history today and it started reversing going back up but with that said it's never happened before and I don't think it's Going to go any trouble over where it's at and if it does we're all in trouble
Triss : Thanks for your comfort, except for uso and uco any other index that it's good to recoomned?
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