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Thread: Crude Oil at -$35 per barrel at 20 minutes until market close 4-20-2020

  1. #31
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    Apr 2009
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    Quote Originally Posted by Grand58742 View Post
    The Dow took three years to hit 30,000 and less than a month to go back to pre-Trump levels of around 19,000. The Dow is back up almost 5,000 points from where we were a couple of weeks ago, but it's still going to take a while to rebound back anywhere near where we were in the beginning of February.

    Once we start opening back up more fully, I think you'll see another thousand point gain, but it's still going to take years to hit that 30K mark again if ever.
    Markets go down like elevators and up like escalators. Thats how its always been and thats how it probably always will be.

  2. #32
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    All I know is that this was the perfect storm for me to wade into the stock market with. I took $2625 in seed money, and put it into oil, and will see where time takes my little ship. Everything seems bad right now, but I decided to try to benefit where I can, even as Rome burns around me, because my only other choice is to not try to improve my lot.
    Last edited by WS6; 05-04-20 at 03:33.

  3. #33
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    Just got the phone call. I'm being furloughed.

  4. #34
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    Quote Originally Posted by Mauser KAR98K View Post
    Just got the phone call. I'm being furloughed.
    Sorry to hear that.
    Experience is a cruel teacher, gives the exam first and then the lesson.

  5. #35
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    Sorry to hear that too Mauser. I'm probably not too far behind you. We furloughed 56 drivers on Friday and switched to days only. We're struggling to get 40 hours with everyone starting to shut in wells. There will be another round of furloughs coming real soon I'm sure.

  6. #36
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    Jan 2010
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    All I can say is thank you Russia, China, and the Democratic nit with for killing the economy.

    I'm going back to Tennessee, do reloads, fend mt moms property (RN nurse still working through this) and wait for the call up.

    Sum-bitch as we say down South.

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