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    Originally posted by BlasterBates View Post
    The bottom of the oil market may have been reached...

    Crude Oil Forecast September 1, 2015, Technical Analysis » Fx Empire Network


    It maybe prudent to have a somewhat more bullish view on oil.
    Oh yes, luvely technical analysis looking at last few months...

    Here is long term view -



    We'll see 30 bucks per barrel soon.

    Comment


      Oil (WTI?) today -

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        http://www.ft.com/cms/s/0/0128e9d0-5...#axzz3kZCt4QF7

        Interesting article on Glencore. Stating that if the slide continues they won't have enough money and will need to raise shares. Setting a 42p target. It's worst hit again today
        What happens in General, stays in General.
        You know what they say about assumptions!

        Comment


          Originally posted by MarillionFan View Post
          http://www.ft.com/cms/s/0/0128e9d0-5...#axzz3kZCt4QF7

          Interesting article on Glencore. Stating that if the slide continues they won't have enough money and will need to raise shares. Setting a 42p target. It's worst hit again today
          I just bought 5K's worth. So they're bound to drop further.

          Comment


            Why are you lot buying shares that a falling off a cliff?

            Just because something is cheaper than it was, does not mean it can get a whole lot cheaper.

            Comment


              Originally posted by DimPrawn View Post
              Why are you lot buying shares that a falling off a cliff?

              Just because something is cheaper than it was, does not mean it can get a whole lot cheaper.
              Because I have a friend called Glen. What other reason do I need?
              What happens in General, stays in General.
              You know what they say about assumptions!

              Comment


                Originally posted by DimPrawn View Post
                Why are you lot buying shares that a falling off a cliff?

                Just because something is cheaper than it was, does not mean it can get a whole lot cheaper.
                'Cause MF's richer than me, so I thought I'd copy him.

                Comment


                  Originally posted by mudskipper View Post
                  'Cause MF's richer than me, so I thought I'd copy him.
                  This time next year Rodders.
                  What happens in General, stays in General.
                  You know what they say about assumptions!

                  Comment


                    Originally posted by mudskipper View Post
                    'Cause MF's richer than me, so I thought I'd copy him.
                    Last edited by DimPrawn; 2 September 2015, 09:06.

                    Comment


                      Be afraid, be very afraid:

                      Morgan Stanley has issued a "full house" buy alert on international stock markets for the first time since early 2009, effectively calling the bottom of this summer’s equity slump.

                      The US investment bank said that all five of its market-timing signals are now flashing a buy signal as selling-fever reaches capitulation levels.
                      They need the retail suckers to fill their sell orders.....

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