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When the stock market is down 50 to 80% and someone like Warren Buffet comes out and says we have hit bottom (he did it during the great recession and also called the bottom of real estate in 2012).
I see you have already employed my Oil thesis with your DBC over on the other site.
I think it's too early for oil just because everything is going to tank by the end of the year. But, I think it is a 5-year play after that. Maybe more.
When the stock market is down 50 to 80% and someone like Warren Buffet comes out and says we have hit bottom (he did it during the great recession and also called the bottom of real estate in 2012).
I see you have already employed my Oil thesis with your DBC over on the other site.
nope , i have been . trading dbc for years . the 5% sell off this week in oil made me do it again
see dbc trades. i have 2 or 3 years of trades in it
i bought and sold it for a quick 600 bucks in a week in march
Mar-23-2023
Rollover IRA ***2916
YOU BOUGHT INVESCO DB COMMDY INDX TRCK FD UNIT (DBC) (Cash)
-$24,974.04
Date
03/23/2023
Symbol
DBC
Symbol Desc.
INVESCO DB COMMDY INDX TRCK FD UNIT
Type
Cash
Shares
+1,092.000
Price
22.87
Amount
-$24,974.04
Settlement Date
03/27/2023
Mar-30-2023
Rollover IRA ***2916
YOU SOLD INVESCO DB COMMDY INDX TRCK FD UNIT (DBC) (Cash)
+$25,570.53
Date
03/30/2023
Symbol
DBC
Symbol Desc.
INVESCO DB COMMDY INDX TRCK FD UNIT
Type
Cash
Shares
-1,093.000
Price
23.395
Amount
$25,570.53
Fees
$0.21
Settlement Date
04/03/2023
see dbc trades. i have 2 or 3 years of trades in it
i bought and sold it for a quick 600 bucks in a week in march
Mar-23-2023
Rollover IRA ***2916
YOU BOUGHT INVESCO DB COMMDY INDX TRCK FD UNIT (DBC) (Cash)
-$24,974.04
Date
03/23/2023
Symbol
DBC
Symbol Desc.
INVESCO DB COMMDY INDX TRCK FD UNIT
Type
Cash
Shares
+1,092.000
Price
22.87
Amount
-$24,974.04
Settlement Date
03/27/2023
Mar-30-2023
Rollover IRA ***2916
YOU SOLD INVESCO DB COMMDY INDX TRCK FD UNIT (DBC) (Cash)
+$25,570.53
Date
03/30/2023
Symbol
DBC
Symbol Desc.
INVESCO DB COMMDY INDX TRCK FD UNIT
Type
Cash
Shares
-1,093.000
Price
23.395
Amount
$25,570.53
Fees
$0.21
Settlement Date
04/03/2023
So, also a market timing trader in your spare time -- LOL.
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