absolutely correct... this is the time where everyone learn to build up mentality stronger.. if u break thru this u will know how to play next time when market bearish again...
haha... cant wait till 6/12 lo... if wait till 6th maybe drop below 30s liao... i still holding mine 42s... who else still hold this high price?? ki ki ki...
It can be better due to two reasons. 1 forex is good for RM and Kazakhstani Tengi and 2 transportation by pipelines in Ansagan is faster, cheaper and more efficient
Brent still 60+, guys. But then, at times like this, you start seeing the usual pathetic lowlife wise-arse prophets of doom and gloom crawling out like freakin worms out of the woodwork.
hs on concern that booming U.S. shale production and faltering demand -- combined with unprecedented output from the Saudis and Russia -- will trigger a new surplus next year. The Organization of Petroleum Exporting Countries and its partners will meet in Vienna.
“We anticipate that Saudi Arabia and OPEC will cut crude supply by 1 million barrels a day or more at the upcoming meeting,” said Mike Wittner, head of oil-market research at Societe Generale SA in New York. “This will be necessary to avoid severe oversupply in 2019.”
The Genting effect is going to start dissipating by tomorrow. Now, that is certainly going to kill the tide of naysayers, gloom merchants and negativistic dickheads and their momentum.
Donald Trump is fighting a lone losing battle trying to press oil down. He is in fact klllling his own domestic shale sector with his illogical effort. Shale cannot live with low oil.
It is OPEC-Russia who is eventually going to win, in the end.
i think the QR report cant help much either... most important still the Dec.6th Opec Meeting... If OPEC still dun cut production, OG confirm end of era and cant keep anymore. And it will continue to drop below 50, then toward 30pb again. If opec cut production 1.4m pb, then oil price increasing will still stand above USD70. This is where everyone playing OG Market looking into.
Dun expect huge jumps like what we have seen previously....foreign buying is ice cold....its gonna be a slow recovery across the board...once the sentiments returns back to positive....just have to wait and see what the gomen has in store to stimulate the economy
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lai Hm
167 posts
Posted by Lai Hm > 2018-11-27 15:51 | Report Abuse
I guess is best to go holiday and de-stress a bit first... come back in january 2019 and see how lololxx