Sunday, March 8, 2020

"Anything thing can happen at any time" ... and today it did!

Coronavirus craziness abounds ... I was a bit shocked on Friday after oil sold off 9% but today after the market opened at 3pm PST, down another 31%:


Unfortunately I went LONG 1 oil futures contract around $45 and sold a call against it ... bad enough Friday afternoon, under water enough on this latest crash-y move that the brokerage closed it out when the price reached $33.19 ... latest is $28.70 (up from $28.15 a while ago) ..

Anyway, that's the end of my trading career for anybody else, and probably for myself as well ...

Future posts here will be on trying something else: an Amazon FBA business, selling various formulations of beeswax creams, some antiviral ... 



That's all for now ... I don't suppose anybody wants any trading advice from me, but at this point I'd suggest buying /CL futures if you can still get them below $30 by the time you read this ...