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Let s talk oil.
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sharenewbie0301
Veteran |
13-Mar-2016 11:08
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I think rally last awhile. After all open meeting is on 20th(?) then after that should go down. Because I don't think they will cut production significantly | ||||
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Lucky03
Elite |
13-Mar-2016 11:00
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Below is an extract of CNBC's Friday market closing report. You prefer to believe the economists who apprised based on fundamental or you chose to follow the technical analysts who live by charts ?
"I think with oil and rethinking (ECB President) Mario Draghi's powerful message that he sent to the markets, because he did do more than we were expecting ... I think that rethinking of the actions is going to lead the market higher along with higher oil prices," said Peter Cardillo, chief market economist at First Standard Financial. However, skepticism on the sustainability of the recent rally remained. BTIG Chief Technical Strategist Katie Stockton said in a note that indicators show that Friday's rally "will likely fail and give way to a loss of short-term momentum." "Yesterday, the SPX registered an overbought "sell" signal intraday, although a relatively strong close prevented it from being confirmed. An outside-down day was narrowly avoided, as well, but the same cannot be said for the other major indices. The NASDAQ Composite Index and Russell 2000 Index both have overbought "sell" signals and outside-down days that support a broad-based pullback in the next two weeks," she said.
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victortan
Elite |
13-Mar-2016 09:53
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all here love outdated news, go read cnbc   |
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sharenewbie0301
Veteran |
13-Mar-2016 09:17
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x 0
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After Friday closing? Can I have the source?
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victortan
Elite |
13-Mar-2016 08:20
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x 0
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read that  89% of $SPY stocks are above their 50dmas.Isn' t that bullish. |
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1oopls
Master |
12-Mar-2016 17:14
Yells: "I love my evil cute cute darling" |
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x 0
x 0 Alert Admin |
After oil ? commodities? properties? |
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1oopls
Master |
12-Mar-2016 17:06
Yells: "I love my evil cute cute darling" |
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x 0
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Means alliance mineral chiong as well?  Wait for silver to lead gold haha. Usd will tumble haha. Interest rate reverse, all assets precious metals, srocks will chiong and break higher records hahaha  
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halleluyah
Supreme |
12-Mar-2016 16:29
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x 0
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Iron ore n oil up slowly lead asd higher...just hope May, rba wun cut int...
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jazzietan
Veteran |
12-Mar-2016 15:29
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x 0
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Wait for silver to lead gold haha. Usd will tumble haha. Interest rate reverse, all assets precious metals, srocks will chiong and break higher records hahaha
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1oopls
Master |
12-Mar-2016 11:05
Yells: "I love my evil cute cute darling" |
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x 0
x 0 Alert Admin |
Since dropping to $26 dollars in January, has rebounded to $38+. Clear sign sentiment for oil has reversed. Can only get better, unless something major happen in OPEC happens |
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sharenewbie0301
Veteran |
12-Mar-2016 10:50
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x 0
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Actually oil closed below the level when Asian markets were open, even though us oil rigs fell. So Monday might go up to 39++
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victortan
Elite |
12-Mar-2016 10:31
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Gold may fall   to 1,183$, possibly even lower. Silver might fall all the way back to the low 14$ level, possibly even 13.40.$. But even that if it come, gold n silver is still in the bullish trend.JMO
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victortan
Elite |
12-Mar-2016 10:25
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40.78$ is the number to watch. If this come, 50/60$ is a matter of time by end 3Q. I thnk so.
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GuavaXF30
Elite |
12-Mar-2016 09:42
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x 0
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Agree. Odds are for longist against shortlist for now. Monday should be a good day. Especially for oil related counters. 
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1oopls
Master |
12-Mar-2016 09:15
Yells: "I love my evil cute cute darling" |
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x 0
x 0 Alert Admin |
Will test $39 nxt wk |
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jazzietan
Veteran |
12-Mar-2016 06:50
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x 0
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US stocks must up more as forex will eat your profits. Now1.37sgd. Come nxt yr easily 1.30 to facilitate the realbull for silver | ||||
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Octavia
Supreme |
12-Mar-2016 05:14
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x 0
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DOW closed at 17213.31. Oil px closed well above $38.20. Tht would bring positive sentiment for Monday ' s trading.
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Octavia
Supreme |
12-Mar-2016 05:05
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x 0
x 0 Alert Admin |
Huat arh...S& P closed at 2022.19 up 32.62pts
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victortan
Elite |
12-Mar-2016 02:05
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x 0
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17200, guess work, only if close abv 17200, intra day not count. |
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newbie24
Veteran |
12-Mar-2016 00:30
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Anw bro, just curious, how did you derive that 17200 is the level to break for DJIA to continue soaring?
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