Hey guys,
I recently read in a small newsletter that the best position to take for WTI crude is a short. I am skeptical about this, because how much lower will oil go? In the past few days it has been dropping but I just can't grasp the idea that it would fall. Let me know what you guys think. The editor of the letter defended his claim very well.
In case you are wondering, the newsletter came from The Kobeissi Letter. It has been pretty reliable in the past and I use it often. They just released their weekly newsletter today and their short crude position was recommended. Also, can somebody tell me if their newsletters are credible? It would require you to make an account but its pretty easy.
Thanks!
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[–] Lemongarb ago
Spam.
Fuck off.