My trading
Oil once broke 44, another chance for me to get out !
Hiu Chee Keong
Publish date: Thu, 21 Apr 2016, 07:55 AM
Oil once break 44, this morning still hover around 43-44, the recent highest. But interesting that Ringgit didn't go higher, still stuck at around 3.88. Anyway, with oil higher and US closed higher, BSKL will have some support, and still chance for me to unload my remaining shares. In my opinion, there is still no need to hurry to buy anything at the moment, i will sell and buy back later when market in bargain again. I still think the foreigners will dump their shares once oil fall back around 35-36.
i guss late in June, Brexit will in play, thought Brexit unlikely, but sure the market will be volatiled, a chance to bargain then.
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Discussions
1 person likes this. Showing 4 of 4 comments
Tom, bcos my blog title is 'MyTrading' , it is about my trading. beside my trading, it is also have some information for the reader to think about. Like when oil is a recent highest, why ringgit is not follow...something to think about. And like my opinion that brexit will come into play in june. While i can easily get research result from varies credible website, but i cant get what's the real trader is think, and this investor blog provide me with some idea how thye make the decision behind the scene.
2016-04-21 11:56
http://seekingalpha.com/article/3966342-oil-big-long-going-going-yet-gone
Some conspiracy theory on oil position secretly undertaken by cartel inside opec cartel to flood the market with oil and pull oil price down to 20 usd per barrel.
2016-04-21 23:18
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Tom
为什么你公告天下你会get out呢？
2016-04-21 09:29