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jazzietan Veteran	09-Apr-2016 17:21        jazzietan About Contact  Quote this Post!
x 0   x 0  Alert Admin	No one buy fcg? Calling from below $4, last done 4.26... Soon, $10 coming
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fatpudge Member	09-Apr-2016 01:31        fatpudge About Contact  Quote this Post!
x 0   x 0  Alert Admin	Stocks rise as oil price surge boosts sentiment   Investors looking for a catalyst to jolt the stock market out of its recent doldrums got it Friday in the form of soaring oil prices, which boosted sentiment on Wall Street and pushed the Dow up. The correlation between oil prices and stock prices was evident again Friday, as a 6.5% surge in U.S. produced crude put stock investors back in a buying mood after a big sell-off Thursday that pushed the Dow down 174 points and landed the broad market back into the red for the year. Stocks were off their highs but remained in positive territory in afternoon trading. The  Dow Jones industrial average  was up about 40 points, or    0.2%, and the Standard & Poor' s 500 index gained 0.3%. The  Nasdaq composite index  added 0.1%. Energy stocks led the gains as U.S. benchmark crude gained $2.27  to $39.53    a barrel and got within striking distance of the key $40 per barrel level. Wall Street was still facing losses for the week.  Heading into today' s session, the Dow was down 1.4% for the week and the S& P 500 was off 1.5%. A  recent rally that had sent stocks back into the black for the year has  stalled since the beginning of April. Investors are confronting several headwinds including a weak profit outlook for the upcoming first quarter earnings season and continued uncertainty about the Federal Reserve' s plans for future interest rate hikes. USA TODAY 5 reasons why the stock rally has stalled   Heading into today' s session, the Dow was down 1.4% for the week and the S& P 500 was off 1.5%. Overseas, Asia markets diverged Friday.  The Nikkei 225 index in Japan added 1.2% but  Hong  Kong&rsquo s  Hang Seng  index retreated 0.5%. European markets rose as Germany' s DAX index was up 1.3% and Britain' s FTSE 100 gained 0.9%. Thursday,  stocks fell  as the  Dow lost 1% to 17,541.96 and the  Standard & Poor&rsquo s 500 index shed 1.2%. The Nasdaq fell 1.5%.   11CONNECTTWEET  1LINKEDINCOMMENTEMAILMORE
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ken777 Veteran	09-Apr-2016 01:15        ken777 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oil surge almost 7 % in a single day is scary, watch out on 13th,14th,15th. No base form just pump and pump. Sometimes a big push is almost a time when BB  want to get out and stay on the side line. If everyone buy on opening high this coming Monday and Tuesday. There is a lot of chance for BB to get out and left a lot of retailer stuck. Plus market doesn' t like uncertainty, and the OPEC meeting next week will bring a lot of uncertainty just like in Jan. One day all the negative news , one day only all positive news. If market is so predictable and move according to the news, everyone will be rich.  When oil px is high, oil rig will be back, so supply vs demand remain an   over glut problem.  Just my 2 cent.
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benjidog Supreme	08-Apr-2016 22:15        benjidog About Contact  Quote this Post!
x 0   x 0  Alert Admin	Here' s some info from Energent Group if you are interested on DUC http://energentgroup.com/duc-duc-goose-looking-at-north-dakotas-uncompleted-wells-and-oil-being-sold-close-to-0/
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benjidog Supreme	08-Apr-2016 22:12        benjidog About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another point is  DUC...what that ? DUC refers to  Drilled but uncompleted wells. This is the theory that  the US oil producers have a giant amount of these  oil wells that they have dug but have left uncompleted..so that when oil pprices go up...they just turn them on...and  instantly oil gushes out. Will need to research more on these DUC. Here' s some old stuff on DUC http://press.ihs.com/press-release/uncompleted-wells-eagle-ford-shale/large-inventory-drilled-uncompleted-wells-pose-oppo
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benjidog Supreme	08-Apr-2016 22:04        benjidog About Contact  Quote this Post!
x 0   x 0  Alert Admin	Also...the rig count matters more now... Why...? First...Rigs Not equal to Existing oil wells. Rigs are the machinery  that  digs new oil and gas wells. Baker Hudges Rig Count every Friday night gives the update on the rig count.    Why dig new wells?...because new  wells need to be dug as the existing wells run dry or  when the wells fall  below commerically viable production. When oil prices trended downwards from Nov 2014, the Rig Count also fell...but possible  that  the initial fall in rigs were for wells that had lower oil production...and so the rate of drop in US oil production was  lower... Now...the rigs have fallen to only about 300++.....so more of these rigs are for wells of higher production volume (eg..Permian basin) ...and therefore the rate of drop in US oil roduction is starting to see higher rate of decrease.
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benjidog Supreme	08-Apr-2016 21:48        benjidog About Contact  Quote this Post!
x 0   x 0  Alert Admin	I like what Bob says in the interview...about oil going to $50...You cannot just cut production in the US and just turn it back on jjust like that.... There will be a lag...and the  rig count now matters now...  http://www.cnbc.com/2016/04/07/oil-prices-rise-on-firm-us-german-growth-but-traders-warn-of-ongoing-crude-glut.html
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victortan Elite	08-Apr-2016 20:59        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	dow 18350 akan datang and then 19500/19900, between lah. be forwarned. dont let any dip sway you to join the bear camp.
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victortan Elite	08-Apr-2016 20:56        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	42$/44 before the meet hor. dont blink yr eyes.
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victortan Elite	08-Apr-2016 20:54        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	39$ huat ahhh. but oil is sitll over supply even though those love to count rig say it is getting less. -4 m is nothing but oil keep gg up with supply like pacific ocean.LOL
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AliSkywalker Senior	08-Apr-2016 20:47        AliSkywalker About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	good luck
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makdatok Supreme	08-Apr-2016 20:16        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lets say...Even if u hv confident crude can reach 70,and next month reach 50,at that point of time theres spot bearish news,surely ul hv short term bearish view...even though u hv long term bullish view..ehem
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makdatok Supreme	08-Apr-2016 20:11        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	Did i?...what kind of duration u talking about...past month i did hv bearish view till px reached 20+...coz d developement n news which wr bearish then...if u cant change ur view on diff news developement,then its not ur playing field.. victortan      ( Date: 08-Apr-2016 20:02) Posted: then why oil was down to 35 and got you scare.LOL if i depend on these to trade, liao liao , good luck to you. Dow 18350 coming soon, by late May. yahoooo. makdatok      ( Date: 08-Apr-2016 19:16) Posted: Physical decline in oil production will built confidence n momentum..u unable to comprehend d important of that,so be it...many traders rely on that which possiblity is certain rather than opec decisio
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victortan Elite	08-Apr-2016 20:06        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	dow strong resistance 17890-18200, once clear, most likely to clear then
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victortan Elite	08-Apr-2016 20:02        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	then why oil was down to 35 and got you scare.LOL if i depend on these to trade, liao liao , good luck to you. Dow 18350 coming soon, by late May. yahoooo. makdatok      ( Date: 08-Apr-2016 19:16) Posted: Physical decline in oil production will built confidence n momentum..u unable to comprehend d important of that,so be it...many traders rely on that which possiblity is certain rather than opec decision victortan      ( Date: 08-Apr-2016 18:37) Posted: market dont bother about physical count of rig, mkt more interest in the future of oil, they tend to lead the real mkt by a few month. True, oil demand will pick up as China data come out within expection going forward and this will drive the price to 50/60, and likely even 80 if thre bull got leg, 80$ by early 2017 is a possibility, but chances are rare it go there.,
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AliSkywalker Senior	08-Apr-2016 19:27        AliSkywalker About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	LOL
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makdatok Supreme	08-Apr-2016 19:16        makdatok About Contact  Quote this Post!
x 0   x 0  Alert Admin	Physical decline in oil production will built confidence n momentum..u unable to comprehend d important of that,so be it...many traders rely on that which possiblity is certain rather than opec decision victortan      ( Date: 08-Apr-2016 18:37) Posted: market dont bother about physical count of rig, mkt more interest in the future of oil, they tend to lead the real mkt by a few month. True, oil demand will pick up as China data come out within expection going forward and this will drive the price to 50/60, and likely even 80 if thre bull got leg, 80$ by early 2017 is a possibility, but chances are rare it go there., makdatok      ( Date: 08-Apr-2016 18:24) Posted: Px will only strengthen..US shale production decline will be d main drive...thats single biggest catalyse..eheem
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victortan Elite	08-Apr-2016 19:10        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Buy triyard at 40c and sell at 80/90c, why? becos I bought and i want to sell you. LOL
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victortan Elite	08-Apr-2016 18:46        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	I see chart 41.42, nice number.
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victortan Elite	08-Apr-2016 18:43        victortan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Oil next week 41$, I am vy sure , hope so. chance high, i m long on oil.
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