Sep. 15 at 7:41 PM
$DOW oil rocketting causes inflation and higher rates which cause lesss homes and auto sales. Why on Earth does Dow go up with oil lol. Its probably the dumbest trade relation ive ever seen. If nobody is buying, how is the proce rising as if Dows deals are good enough to offset lowering demand? Anyways, guess we will see when earnings come. Im stayin far away from thiss one until
$23.X ish a share. Too much downside risk here. And i am very curious to see what folks will do with the coming earnings. Did Dow pull off a completely unexpected miracle, or did they flop? Theyve surprised me a few times in the past. But im not sonsure theyll do that sgain. We will see.