specie Posted April 20, 2020 Report Share Posted April 20, 2020 i'm hearing there is great technical support at -40 Link to comment Share on other sites More sharing options...
Private Skidmark Posted April 20, 2020 Report Share Posted April 20, 2020 Where do I sign up to get paid $40 to take a barrel of oil? Am I understanding correctly people are willing to pay $40 to not have tanker trucks rolling up to their front lawns and unloading? Link to comment Share on other sites More sharing options...
sandy beach Posted April 20, 2020 Report Share Posted April 20, 2020 Time to go long Winnebago again - we buy everyone in the high risk group a Winnebago and the Fed pays them to $7 a gallon to burn up all the extra oil and drive around the US until we find a vaccine! Alternately we pay the airlines to burn the fuel up with empty jets. Link to comment Share on other sites More sharing options...
DrStool Posted April 20, 2020 Author Report Share Posted April 20, 2020 22 minutes ago, sandy beach said: A vaccine for SARS-CoV-2 testing in monkeys appears to be successful. This is using inactivated SARS-CoV-2 as the vaccine: https://www.biorxiv.org/content/10.1101/2020.04.17.046375v1.full.pdf I just put that on Twitter. See if it triggers a meltup. LOL Link to comment Share on other sites More sharing options...
Private Skidmark Posted April 20, 2020 Report Share Posted April 20, 2020 Looks like May WTI closed at -$37.63. Link to comment Share on other sites More sharing options...
DrStool Posted April 20, 2020 Author Report Share Posted April 20, 2020 24 minutes ago, sandy beach said: You are a better man than I. I tried to study the history of Poland and I just can't make out the names much less the language. I have extra motivation. Link to comment Share on other sites More sharing options...
Private Skidmark Posted April 20, 2020 Report Share Posted April 20, 2020 What does that even look like on a futures trading platform? Can you actually enter a negative bid/offer? Link to comment Share on other sites More sharing options...
sandy beach Posted April 20, 2020 Report Share Posted April 20, 2020 10 minutes ago, Private Skidmark said: What does that even look like on a futures trading platform? Can you actually enter a negative bid/offer? Link to comment Share on other sites More sharing options...
Jimi Posted April 20, 2020 Report Share Posted April 20, 2020 39 minutes ago, sandy beach said: You are a better man than I. I tried to study the history of Poland and I just can't make out the names much less the language. My college girlfriend studied linguistics and started taking Czech. What little I learned from her about the language was horrifying. https://en.wikipedia.org/wiki/Czech_declension Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 20, 2020 Report Share Posted April 20, 2020 REMEMBER....... MARKETS are Forward Looking, Right? Link to comment Share on other sites More sharing options...
Jimi Posted April 20, 2020 Report Share Posted April 20, 2020 21 minutes ago, Private Skidmark said: Looks like May WTI closed at -$37.63. Is that a lot? Link to comment Share on other sites More sharing options...
Jimi Posted April 20, 2020 Report Share Posted April 20, 2020 21 minutes ago, Private Skidmark said: Looks like May WTI closed at -$37.63. Damn.... And here all this time I thought there was strong support at $0..... Link to comment Share on other sites More sharing options...
MisFit Kid Posted April 20, 2020 Report Share Posted April 20, 2020 12 minutes ago, Jimi said: Damn.... And here all this time I thought there was strong support at $0..... Me too, that was an old Joke, Hey, We all learn something everyday, in the Brave New World.... Link to comment Share on other sites More sharing options...
No Einstein Posted April 20, 2020 Report Share Posted April 20, 2020 39 minutes ago, Private Skidmark said: What does that even look like on a futures trading platform? Can you actually enter a negative bid/offer? my question is what does this do to the demand for petro dollars, no demand for dollars should mean dollar down...not? correct me if i am not thinking this through.. Link to comment Share on other sites More sharing options...
DrStool Posted April 20, 2020 Author Report Share Posted April 20, 2020 So if you were long that crude contract, what happens to you now. And if you were short, how do you get paid? What are the implications for CME. Link to comment Share on other sites More sharing options...
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