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DWTI Mercedes fund
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You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 31
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Who's ready for a 10% jump at opening for DWTI tomorrow? Loaded up on Friday. The oil rally is over, time to load up on the inverse.
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>>1153690
GL, OP. I BELIEVE IN U.
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>>1153692

thx, i put all of my money i had left into it on friday. there is simply no possible way oil prices can go up on monday after fridays (start of the) correction.
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isnt OPEC supposed to be making an announcement in the next day about production targets? That could fuck up shorts if they restrict production.
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>>1153690
invest in mercedes for your mercedes m8, will jump big tomorrow
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>>1153739

I thought that announcement was the 17th of April? I was anticipating riding the pullback of oil prices until then.
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>>1153754
I have no idea, I read something on another thread and probably misinterpreted it. I am leaning towards a top here for stocks and oil (or by months end), then take out Januarys lows by June-ish.
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>>1153690
Think you're about a year and half too late
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>>1153772

For the big win, yeah probably. But DWTI is going to be up about 20% next week after oil recedes to under $37 a barrel.
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http://www.dnaindia.com/money/report-asian-markets-slip-as-oil-prices-decline-2191989

Boom, we're in the money boys. DWTI opening up 10% confirmed. Oil dropped hard in Chinese markets.
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>>1154591
Crude is barely down 1%. I agree if nothing changes there is no reason to sustain the latest run up, but there are too many catalysts to be sure enough to short crude. If I had to guess I'd say we hit low 30s again in a month. The safe play is go cash and wait.
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>>1154599

Agreed, I'll take my 10% or whatever tomorrow and put everything into bombardier before Wednesday. Theye are going to get bailed out by the Canadian government, so the jump will be huge after the announcement.
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>>1154602
Whats the difference between the B and A shares?
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>>1154612

Number of voting rights per share, but the real ticker you want is bbd.d on the TSE if you are canadian and B shares if you are from the US markets
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>>1154617
Ok thx. Ill look into the B shares. Whats your thesis on the bailout? Seems like Trudeau wouldn't want to bail out "evil corporations." I'm American though so I really have no idea. Whats your insight, syrupbro?
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>>1154620

Basically bombardier is the biggest canadian company in practically any field. They are too big to fail over here since they are intertwined heavily in to a lot of local cultures. Think of it like the auto bailout.

A good summary is here (http://www.bloomberg.com/news/articles/2016-03-17/canada-said-to-be-close-to-bombardier-deal-as-trudeau-lauds-jet)

We've already given them tonnes or money and at this point the public doesn't want to see it go up in smoke. So it's super unlikely that trudeau will fuck them.
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>>1154626
Interesting. Well I hope DWTI works out well for you. I want more NE and SPN but about $2 cheaper
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>>1153690
USOIL is up 3%, good luck m8
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>>1154668

Dunno where you're seeing this. DWTI is set to open 3% higher from pre market trading m80

https://ca.finance.yahoo.com/q?s=DWTI
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>>1154875
>https://ca.finance.yahoo.com/q?s=DWTI
Hope you didn't lose too bad M8
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>>1153690
im in uwti until 150
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>>1155753
>https://ca.finance.yahoo.com/q?s=DWTI

Ouuch. What the fuck guys.
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Down over 3% kek
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>>1155753
>>1155758

OP here, sold at 131.4x at around 1030 for a 2.8% gain over Fridays close. Shit went badly for it after that. With UWTI and DWTI you gotta be in and out
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>>1155796
How long do you typically keep your positions? Few days?
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>>1155796
You should never hold any leveraged ETF more than 24 hours.
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>>1156112
>he's not holding for 150
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>>1155758
That's a quiet day for DWTI, desu senpai.
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>>1156112

Made up the decay, shit was okay.
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why didn't you hold uwti?
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I'll be in that Mercedes by the end of the week, thank you based DWTI.
Thread replies: 31
Thread images: 3

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