specie 16 Posted April 20 Report Share Posted April 20 i'm hearing there is great technical support at -40 Link to post Share on other sites
Private Skidmark 16 Posted April 20 Report Share Posted April 20 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 post Share on other sites
sandy beach 39 Posted April 20 Report Share Posted April 20 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. 1 Link to post Share on other sites
DrStool 223 Posted April 20 Author Report Share Posted April 20 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 post Share on other sites
Private Skidmark 16 Posted April 20 Report Share Posted April 20 Looks like May WTI closed at -$37.63. Link to post Share on other sites
DrStool 223 Posted April 20 Author Report Share Posted April 20 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 post Share on other sites
Private Skidmark 16 Posted April 20 Report Share Posted April 20 What does that even look like on a futures trading platform? Can you actually enter a negative bid/offer? Link to post Share on other sites
sandy beach 39 Posted April 20 Report Share Posted April 20 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? 1 Link to post Share on other sites
Jimi 114 Posted April 20 Report Share Posted April 20 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 1 Link to post Share on other sites
MisFit Kid 44 Posted April 20 Report Share Posted April 20 REMEMBER....... MARKETS are Forward Looking, Right? Link to post Share on other sites
Jimi 114 Posted April 20 Report Share Posted April 20 21 minutes ago, Private Skidmark said: Looks like May WTI closed at -$37.63. Is that a lot? Link to post Share on other sites
Jimi 114 Posted April 20 Report Share Posted April 20 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..... 1 Link to post Share on other sites
MisFit Kid 44 Posted April 20 Report Share Posted April 20 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 post Share on other sites
No Einstein 12 Posted April 20 Report Share Posted April 20 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 post Share on other sites
DrStool 223 Posted April 20 Author Report Share Posted April 20 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 post Share on other sites
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