ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: ajtj99 who wrote (83065)	12/4/2023 11:56:37 PM
From: Sun Tzu	Read Replies (1) of 96779

Hey, I don't believe there's a shortfall. I think there may even be a bit of excess supply. But if you see my tweeter feed, you'd be surprised how many analysis I get day in and day out that screams oil is a buy here because global inventories are at record low, because IEA is getting it wrong, because Russia is coming under control and can't sell more, Iran is about to be bombed, because China is importing more, because ESG is going out of fashion, because...on and on and on. God damn it, I'm like Jesse Livermore; I don't care why it is doing down. I only care that it is. And so long as it is doing that, I am not buying. Then again, I am not an oil analyst or energy fund manager.

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