The expectation is that by about DEC 27 or DEC 28, the bottom really falls out and oil could retrace well below 45/b before the turn of the calendar year. With many analysts having gone full-on bull with everything, this voice should prove as a counter-intuition because the SHORT called for over the weekend worked out, and the sustainability of this global economy through a pandemic cannot be that strong.
The short this trader acted on was Halliburton, but
GOOD LUCK, at a time when LUCK IS NECESSARY.
-BDR
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