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Let s talk oil.
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jazzietan
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01-Mar-2016 14:43
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Usd still ard 1.40 to sgd, so i wont see it as rally. Highest usd hit past 1.43 to sgd late last yr after int rate hike but it was subdued and still went bk to just below 1.40
If usd rally, gold shld nt hv shot up from 1100 to current lvl.
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victortan
Elite |
01-Mar-2016 14:39
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Last yr , I was too early to suggest buy O n G counters, but now I think it is an obvious choice. But nothing is for sure, so buy n have a stop loss to stay in the game. Chances look great for the moment. |
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victortan
Elite |
01-Mar-2016 14:36
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I don' t know if u noticed, but the past 2-week rally in stocks coincided with a rally in the U.S. Dollar. strange, what is your opinion? shr here? my take is that all these are strong showing of dow, whcih should be ready for the next strong uptick. Hope so. Your differ opinion is welcome, no worry. |
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jazzietan
Veteran |
01-Mar-2016 14:34
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Hope u had cut loss. Like i said sentiment improve unless sum1 anyhow talk again. But if the oil nations cant agree on cut it will go down agn cos traders must play swing to earn $ mah. Some pariahs here wil say i roti prata and screw my whole family but thats ok as long i flexible & earn $. Rem i said previously buy some for longs but play swing wahaha
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victortan
Elite |
01-Mar-2016 14:29
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And more important, hope China, HK n our silly STI soar along.  |
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victortan
Elite |
01-Mar-2016 14:28
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LIke i hv said, by mid March we see 40$ for sure.  But wasn' t some guy this thread say oversupply and paste bad news, but oil keep soaring strength to strength, Very strange, right? And more strange is that DOW actually rally together with the DOLLAR last 2 weeks. Donlt make sense , right? Wait till u see new high Dow, then u will kick your own ass. Good luck, may we all huat ahh.
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jazzietan
Veteran |
01-Mar-2016 14:26
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Better pray those oil shieks dun anyhow talk else go back 30 | ||||
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1oopls
Master |
01-Mar-2016 14:18
Yells: "I love my evil cute cute darling" |
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oil cross $34 at $34.03 above the resistence |
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littleones
Veteran |
01-Mar-2016 10:00
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WTI 3363
Brent 3639 |
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jazzietan
Veteran |
01-Mar-2016 09:16
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Fundamentals? Matter of time wti shoot up, if cut production fast, if freeze production slower but still go up. If no cut no freeze price remain, supply n demand rebalance itself so sure go up oso...just which way it uses to go up, when, how? No 1 know for sure. They are playing game, once we long or short are just their chess. Now still range bound 30-35, why? All under control la.
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sharenewbie0301
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01-Mar-2016 08:41
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I only short a small amount. For now not planning on adding because the price not really following fundamentals right now. Its like what you stated, driven by rumours. I'll see how by noon
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jazzietan
Veteran |
01-Mar-2016 08:38
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See coming sessions dj detach from wti? | ||||
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jazzietan
Veteran |
01-Mar-2016 08:36
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Belive or not up to infividual. The key im driving at is wti movement still very much driven by comments/ rumours for now
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jazzietan
Veteran |
01-Mar-2016 08:34
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Negative or positive made by big boss for herds to follow. No 1 here has the answer. Sentiment did improve over past few sessions, u can tell cos though down bit by bit, it still holding well, not toilet flush. U may wish to cont shorting but i werent take such risk for now, unless another neg comment, u see flush toilet
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benjidog
Supreme |
01-Mar-2016 08:33
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think someone covered 23000 contracts last night before market close,  push to WTI to high of 33.91. Now WTI  at 33.77
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domanic
Elite |
01-Mar-2016 08:28
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Saw the whole commentary by Saudi Oil Minister when he was in USA. I won't believe anything CNBC says . Will just wait for real conclusion ... Or a short term slide might continue
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sharenewbie0301
Veteran |
01-Mar-2016 07:45
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Russia opec deal supposed to conclude end Feb/1st March? So today will down if nothing done yet?
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jazzietan
Veteran |
01-Mar-2016 07:17
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Oil up on saudi comments - cnbc
Still rumours driven...chart still follow rumours...still ding dong range, gd luck to those hold etf super long wahahaha....how oil go up, value is stil losing day by day |
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makdatok
Supreme |
01-Mar-2016 06:08
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Wooaaaahhh..sleepy...go to sleep ah...hiak3 | ||||
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makdatok
Supreme |
01-Mar-2016 06:03
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$40 comiiiingg!!!...hiak3 | ||||
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