US oil producers can’t keep drilling at $45 oil: Pickens
http://www.cnbc.com/id/102364314

Oil prices turn positive as OPEC sec gen calls bottom to market
http://www.cnbc.com/id/102366561

Oil prices turn positive as OPEC sec gen calls bottom to market
http://www.cnbc.com/id/102366561

@Food4Thought, Not sure what you are referring to.

Vertical Line, Green and Red, I draw it for you all to view all charts when price start to move up/down. Of cause, you need to use some brain cells to analyze it.

1st chart, if the FVE(red) approaching the bollinger band moving average or red move below it, I will be careful.
FVE = Finite Volume Elements Indicator

2nd chart, if the green + red, drop below 80, the Green Bar will disappear, I will be careful.
This chart is kind of interesting chart. I derived some formula where it drawn RED and GREEN where the % value is the average of Bollinger Band %b of FVE and Price.
As for the vertical Green Bar, it means value >80% of Bollinger Band %b Price. It means the price moving at above at 80% or above Bollinger Moving Average or upper band.

3rd chart, when signal show "/\--", I will buy. When it show "\/---", well you know what to do. Still need to give a day or so to confirm.

4th chart, as long as the blue and red above zero and maintain at top, should you sell?
Blue is the Schaft Trend Cycle, Red=Polarized Fractal Efficiency

5th+6th chart, the Stochastic RSI (34 period) and Stochastic oscillator, you can figure it out.

7th chart, Short Term volume+price oscillator, when red cross the blue(moving average), again you know what to do.

8th chart, Bollinger Band
9th chart, MACD
10th chart, price, volume, Bollinger Band, Linear Regression Slop.

This is not a buy or sell call. Just some food for thought :)
P/S: The chart is just showing the price movement, it doesn't tell any target price or predict any 4 digits.

davidlai63, learn Bollinger Band. It might assist you when to buy or sell... PLUS(no Touch n Go) other type oscillators/indicators. DON'T BLINDLY follow anyone, not even Nomanland. I might bring you to red light district at Amsterdam.

As usual,
http://klse.i3investor.com/blogs/nomanland/68847.jsp

As usual
http://klse.i3investor.com/blogs/nomanland/68827.jsp

As usual
http://klse.i3investor.com/blogs/nomanland/68507.jsp

As usual, up then down, down then up....
http://klse.i3investor.com/blogs/nomanland/68108.jsp

ozzie75, ring + nomanland become newscaster for this forum ;)

http://oilprice.com/Energy/Oil-Prices/Why-50-Oil-Wont-Last.html

http://oilprice.com/Energy/Oil-Prices/Why-50-Oil-Wont-Last.html

http://oilprice.com/Energy/Oil-Prices/Why-50-Oil-Wont-Last.html

Previous updated too fast. Need to adjust some minor area. Now the update is the latest. Sorry!
http://klse.i3investor.com/blogs/nomanland/68507.jsp

just updated the chart. changed some indicator values.
http://klse.i3investor.com/blogs/nomanland/68507.jsp

Pessimistic is good at least I can sleep peacefully instead of worrying.

winmore,

I haven't sold any yet. If I sell, most probably sell some lots at high to lower down my cost per unit. And buy when the price is right. If I sell 3/5 of the lots today, my cost will be about 0.2125

1. I will monitor on 2nd and 3rd chart.
2. don't ignore the 3, 4, 5 and 6 charts

3. 1st chart, if the FVE(red) approaching the bollinger band moving average or red move below it, I will be careful.
4. 2nd chart, if the green + red, drop below 80, the Green Bar will disappear, I will be careful.
5. 3rd chart, when signal show "/\--", I will buy. When it show "\/---", well you know what to do. Still need to give a day or so to confirm.
6. 4th chart, as long as the blue and red above zero and maintain at top, should you sell?
7. 5th+6th chart, the Stochastic RSI (34 period) and Stochastic oscillator, you can figure it out.
8. 7th chart, Short Term volume+price oscillator, when red cross the blue(moving average), again you know what to do.
9. 8th onward, go figure it out.

To learn more, just observe the Red + Green vertical line where I draw it for you all to analyze it.

I will compare from 1st chart all the way to the bottom price chart + some fundamental before making a final decision. As for long term, good to use TA to lower down your cost
This is not a buy or sell call.

Just my humble opinion about the chart and I am always wrong and still not being right.

davidlai63, both side of a lawn can be green. You must control yourself when investing your hard earned money. Yea and Nay sayer, both can be wrong and right. Final decision. DO NOT SIMPLY FOLLOW....

Have a very good weekend, and think and plan your own strategy.
Cheers,

davidlai63,
Do you know ETRS, MPAY counter and FOCUS magazine, last year event, around 28/Aug/2014? Lot of investor got played by Focus' editor.

So, invest wisely.
Cheers,

davidlai63,
sometime around aug/2014, I read a news letter from them. KNM is a BUY something like that. Guess what was the price. Well, I bought it and the price dropped. Luckily, I minimized the loss. KNM was promoted again, stupid of me, I bought it. WTF...

Now, I trust no one. I trust my chart. I did ignore my chart a few time and I missed IFCA's boat. Anyway, I still earn some from IFCA.

Overall, DO NOT SIMPLY BELIEVE ANYTHING YOU READ. Make a good decision if possible. When wrong decision is made, jump out and be happy. Fight and earn another day.

When people ask up/down/buy/sell, I DON'T TELL.
Cheers,

hi pdtan, how is the megb? I haven't monitor since last year. Hope you earn some. As for KNM, I will shout when ... "\/--" and if up, I sure kena tiu after that. ;) if you need help on the chart, please shout and you are welcome. final decision is yours....

Have a good weekend.

as usual,
http://klse.i3investor.com/blogs/nomanland/68847.jsp

as usual,
http://klse.i3investor.com/blogs/nomanland/68827.jsp

as usual,
http://klse.i3investor.com/blogs/nomanland/68507.jsp

as usual
http://klse.i3investor.com/blogs/nomanland/68108.jsp

davidlai63,
Whenever I buy, as recommended by Maybank, I will get stuck at high price.

If we recommend buy at xxxx price, price drop, you get stuck at high price, then we will kena tiu.
If we recommend sell at xxxx price, price up, you sell at loss, then we will kena tiu again
If we recommend buy at xxxx price, price up, you sell at loss, then we will kena tiu again and again
If we recommend ....
"To buy, or not to buy, that is the question"
"To sell, or not to sell, that is another question"
"To recommend, or not to recommend, that is another stupid question"

Cheers up.

Vinek,
Best not to ask. Why?
If we say 1.00+, and up, we get kena tiu.
If we say, 0.20, and down, we kena tiu again.
If we say, going sideway, we kena tiu again and again.
If we say, anything about target price and it never reached there, we kena tiu all over again.

Best is decide it yourself. When wrong, nobody know whether .... :)
Cheers up, when making a wrong decision.

All have a good weekend, folks.

http://fuelfix.com/blog/2015/01/22/report-u-s-land-rig-count-could-fall-30-percent/

@ozzie78, link please.

http://business.financialpost.com/2015/01/22/nearly-23000-jobs-linked-to-oil-drilling-industry-to-lose-jobs-this-year-group-says/?__lsa=c9b8-991f

http://oilprice.com/Latest-Energy-News/World-News/Russia-May-Be-Forced-Into-Production-Cuts-Says-Deputy-PM.html

http://oilprice.com/Latest-Energy-News/World-News/Russia-May-Be-Forced-Into-Production-Cuts-Says-Deputy-PM.html

zaimi177, you are welcome. :)

China January factory growth stalls, deflation pressures build: HSBC Flash PMI

http://www.reuters.com/article/2015/01/23/us-china-economy-pmi-idUSKBN0KW04N20150123

World leaders, CEOs, investors, and Peter Gabriel: What Davos bigwigs make of the ECB’s “big bazooka”
http://qz.com/331678/world-leaders-ceos-investors-and-peter-gabriel-what-davos-bigwigs-make-of-the-ecbs-big-bazooka/

Oil Jumps After Saudi King Dies; ECB Boosts Aussie Stocks

http://www.bloomberg.com/news/2015-01-22/aussie-kiwi-stocks-pace-global-gains-as-euro-holds-lows.html

http://oilprice.com/Energy/Energy-General/A-Word-Of-Warning-About-EIA-Forecasts.html

http://fuelfix.com/blog/2015/01/21/opec-oil-wont-sink-to-20-but-rebound-will-be-slow/

OPEC, oil companies clash at Davos over price collapse
...
Speaking at the World Economic Forum in Davos, Switzerland, the heads of two of the world's largest oil firms warned that the decline in investments in future production could lead to a supply shortage and a dramatic price increase.
...
http://www.reuters.com/article/2015/01/21/us-opec-oil-davos-idUSKBN0KU21720150121

@ozzie75, 75% share holders including small fish like us?

josephT, I will compare from 1st chart all the way to the bottom price chart + some fundamental before making a final decision. As for long term, good to use TA to lower down your cost. ;)

josephT,

1. if contra player sell off, what is the volume will be? This is an important question.
2. I will monitor on 2nd and 3rd chart.

3. 1st chart, if the FVE(red) approaching the bollinger band moving average or red move below it, I will be careful.
4. 2nd chart, if the green + red, drop below 80, the Green Bar will disappear, I will be careful.
5. 3rd chart, when signal show "/\--", I will buy. When it show "\/---", well you know what to do. Still need to give a day or so to confirm.
6. 4th chart, as long as the blue and red above zero and maintain at top, should you sell?
7. 5th+6th chart, the Stochastic RSI (34 period) and Stochastic oscillator, you can figure it out.
8. 7th chart, Short Term volume+price oscillator, when red cross the blue(moving average), again you know what to do.
9. 8th onward, go figure it out.

To learn more, just observe the Red + Green vertical line where I draw it for you all to analyze it.

This is not a buy or sell call.

Just my humble opinion about the chart and I am always wrong and still not being right.

littlefeet, still waiting TS to grease the elevator at 22th floor and some one to fix all the buttons to the top floor.

I am stuck at 52nd floor, twin tower. Sell!!! I have to jump down from there.

As usual,
http://klse.i3investor.com/blogs/nomanland/68507.jsp

@zumzum,

1. follow the vertical line, green and red.
2. Look at the Bollinger Band.

I believe you can see the different there.

@Fong Kh,
1. follow the vertical line, green and red.
2. Look at the Bollinger Band.

I believe you can see the different there.

As usual
http://klse.i3investor.com/blogs/nomanland/68847.jsp

As usual
http://klse.i3investor.com/blogs/nomanland/68827.jsp
I am not selling.

As usual,
http://klse.i3investor.com/blogs/nomanland/68108.jsp

Upload the latest
http://klse.i3investor.com/blogs/nomanland/68827.jsp