Jake Starkey
Verified User
Want to lose money?
Listen to Lionfish's advice.
Listen to Lionfish's advice.
Danger number one has never come to fruition. Oil during this time has never reached $130, not even for a split moment. WTI crude is currently at $93.There are two dangers, and one bright spot for the S&P 500.
Danger number one is that about two months of $130 oil would throw the US into a recession. Even if trump and Iran are able to open the Strait of Hormuz, the warm up time would get it to $130 for at least a month(not two months, but still)... And that is assuming smooth sailing from here on out.
It's clear to me that you haven't learned from last time. I believe that you are now making the same mistake that you made with your original post in this thread. IBDaMann tried to warn you about it, but you didn't take his advice.My new investment is in call options on BNO and GUSH. Those are oil based ETF's, which I am using options to say will go up. If oil does go to $130, I should make a ton of money(to use an technical term for it). They are all dated 100 to 150 days from now, so I will hopefully catch that.
But that is just a guess at this point.
Where are you getting "50/50" from?If you ever get a 50/50 chance to make 20 times your money, take it. But do not over invest in it.
Every leftist is NOT everyone.Everyone is more scared now,
Where are you getting "50/50" from?so the payouts are not as good, but there still are some real risks there. A 50/50 chance of a 10 times payout is still nice.
Nothing different than what it is now.What is your investment strategy for the near to medium future?
USAID is not an example that supports your argument. USAID is an example of execution waste, that falls under Executive power. Congress can authorize money for programs and the President can ensure that waste is eliminated.USAID stands out, but there have been many, many other examples.