Week 37 is in and I have tried Sandisk again. Man this is annoying. I took a short position around 691$ as I couldn’t believe this price level. Luckily I didn’t bet much and I watched it going up till 739$ when I stopped it and lost around 300€. It went up further to 777$ !!! and then next day back to 710$! How can I participate in this action? I really don’t have the time to watch the price all day. I am better going with Oil.
Commodity 2: Oil
Oil is a big thing now and it goes up and down in a small range. In general I trade it long so I am not participating in the jojo mode. All in all the price is almost the same as one week ago, but the general direction is up. The US government is too much invested in the attack. It cannot step back now. This thing will take a while and a 180$ or 200$ Oil price is on the horizon. I will stay with the bet.
Numbers
So here are the numbers of week 37.
The profit is at around 493% now (€11567 – €1950 / €1950).