/biz/ - Business & Finance

>>54959789
you might see that at some point ahead, i can't call it, but the rig count report spiked it up a bit Fri. i just buy dips and sell rips all along the way as best i can. it is far too unpredictable for me to hold long. there will be another coontract rooliolio coming up 6th business day of june, going from july coontract to sept. the rooliolio itself might make it dive but right at the tail end of that process should be a good time to buy or average down from an established position into. there were some excellent averaging down opportunities just recently, like 2.59. if you would have added a nice chunk during that then you'd already be pretty close to a breakeven. if you can ever get close enough to a point you like, i would sell that shit and swing it, buy dips, sell rips. the main difference is that we *should* just now be getting into a phase where the overall tendency is more upwards supported rather than continual overall drooping, but there could be news at any point that tanks it to fuck, or moons it. it is dangerous fuckin shit to hold for long, in my estimation. if i had to bet though,you'll wind up ok at that basis and *might* even wind up kickin' ass, but i will never make wild predictions on it. the official outlook all the way into 2024 is mostly fairly subdued and anything beyond that will be due to wild news, which absolutely can occur. when that days comes, if that news is favorable, you'll be grateful for any exposure you have.