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Let s talk oil.
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happyharvest
Elite |
12-Apr-2016 22:17
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CHK is flying yet the O& G stock in SGX is not even moving. LOL |
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victortan
Elite |
12-Apr-2016 21:40
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still 42$ coming sooner or later, or at least 41.82, let see. |
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victortan
Elite |
12-Apr-2016 17:19
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my dear friend this is just another rally in a bear mkt for commodities. Oil will be 20/30$ later , dont hold thebaby for the nt 2 yrs.
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benjidog
Supreme |
12-Apr-2016 17:18
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If oil price at $20 or lower...whats the odds that Amaraco deal will even materialise? I think what Deputy Crown Prince Salman is saying is " If you (Iran) want to play the game, turn up at the playground/party...and just join in... otherwise...if you dont come, dont blame us if we decide to play some other game without you. |
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ken777
Veteran |
12-Apr-2016 17:13
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I hope so too ... But the wild card might be really wild. The need to turn Armaco into a public company to raise fund signal a different direction. Maybe just my rubbish thought.
Probably give one more reason to raise hike it happen haha. Long term short term don't seem good on either side.
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victortan
Elite |
12-Apr-2016 17:08
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tian kong bau pee wo men soon soon kee. huat ahhhh. |
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victortan
Elite |
12-Apr-2016 17:05
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if that the case then oil would hv been sold down, but it is not happenning. Mkt anticipate good news from the meet.
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victortan
Elite |
12-Apr-2016 17:04
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money coming so is 42$ oil. hahaha, after the metetng oil will fly off. if the meeting is nothing then why bother to go there, there must be something, to compromise, all oil exporter want a higher price for their oil, if u are one, dont you want a higher price. why keep chuning out at low price that cannot meet your budget?
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victortan
Elite |
12-Apr-2016 17:02
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money coming so is 42$ oil. hahaha, after themetting ol will fly off. if the meeting is nothing then why bother to go there, there must be something, to compromise, all oil exporter want a higher price for their oil, if u are one, dont you want a higher price. why keep chuning out at low price that cannot meet your budget? |
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ken777
Veteran |
12-Apr-2016 16:45
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Market hate uncertainty, with 3 more days of trading left before oil giant meet. What will happen. Today is a very good day, tmr, the day after and Friday ?
We shall see |
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benjidog
Supreme |
12-Apr-2016 16:27
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Do you have any O& G favorites?
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benjidog
Supreme |
12-Apr-2016 16:26
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Sir...you may be right. Now still trending UP higher WTI 40.88 Brent 43.50 |
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victortan
Elite |
12-Apr-2016 16:15
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42 by today 80% chance. |
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benjidog
Supreme |
12-Apr-2016 16:12
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Good luck... UP 1% now at 40.75 O& G counters going up |
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victortan
Elite |
12-Apr-2016 15:33
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someone ask so i post here, why so confident to see 42$ by today, I say my lousy TA say so lor. Thne as again i hv set a strict stop for my position, so I am not afraid even if i go about doing ohter thing. u too shd hv it. I think 42$ is high chacnce, but that is close to 4% gain, but wat so surprise, after all it is OIL we are toking abt isn' t it? and oil is oilly surprises along the way to 50/60$
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victortan
Elite |
12-Apr-2016 15:28
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and be forwarned to buy for dow final wave up whcih is gg to be vy powerful, buy sti blue chip if u are uncomfortable with mid cap. OCBC, DBS, and UOB, or HKland, singpost. smrt.good luck. |
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victortan
Elite |
12-Apr-2016 15:26
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42$, is the number we love to see by today end session. And i would say it is very very likely. and if that come, my prediction of 42/44$ before Opec meet is on the spot. Good luck. may all huat ahhhh. I am long oil. so anyone want to follow me, bet a little also good, then watch got meaning too. 
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benjidog
Supreme |
12-Apr-2016 13:49
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http://www.bloombergview.com/articles/2016-04-11/opec-and-russia-s-fake-freeze-on-oil-is-good-enough |
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victortan
Elite |
12-Apr-2016 08:40
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i will make a guess, by May it will be very clear , we are fierce on the final wave up. |
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victortan
Elite |
12-Apr-2016 08:38
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In the mean time, O n G will test our patience but will be bias to up. dont miss this fierce rally for dow n sti soon. it is started already, but mostly we do not notice still it spring up to life. |
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