0.02 is not impossible if usa economy burst but the outcome may surprise all... that oil will be up back again when supply is short

oil will be pressed down further and next month will be harder.. oil cant up when supply is high and demand is low..

if you want high oil price, you need to increase demand and cut the supply, this will not happen until most of high cost drillers out of business.. the first that go to bankrupt will be shale oil

the rest will be hold to its feet if it can meet their obligation in paying their debt, if not they will face risk of default

if you know can get cheaper, why hurry buying at high, thats why im still not buying

ive been stockpiling my cash for better bargain later

oil is just another commodity, demand supply curve like face mask and hand sanitiser now, low supply high demand price go up vice versa

if you think now is cheap, wait next mth

bcoz can get 10c later

14c for me still expensive

there is no good news for now, no for the virus and no for the world economic esp usa economy

700b QE also not help to sustain market, what else usa can do?

the answer is market will be lower and lowest

as market continue falling, so do the price, 10c is coming to us, be ready

no need to agree with me, see it to believe it, it will come soon, recession has just started and it will come badly this time

i wait below rm1 to buy

oil producer now running on -ve margin, shale oil will be the first to suffer, big players will review contracts and cut expenditure budget, service provider once again will be back in trouble..

next month when report out, with the rise output from saudi and co, do you think oil price will jump?

the technical rebound is faking for another dive, see it to believe it

next couple mth when oversupply oil fill the market, oil will drop to the bottom as 1998 financial crisis

if that time comes, dayang will be 40c-50c only

dow will continue fall, 18k soon, then 15k and so on, it has never been such drop like this before and you can expect what will be coming

its not the virus issue alone, the virus is the pin to the bubble that been build up for the last 9 years

the fundamental is on the problem with largest economic in the world when debt in trillions and printing money will not help then this time, it will collapse

keep cash.. keep cash.. keep cash.. long way to go

it was said that us that dollar will collapse and they had to print more money to save the economy... it will fail

ive been keeping cash and wait to buy later, possibly 40c later

its not my own view, it has been predicted by 1% of us economic expert which predict the prev crisis and now he predict it right again (0% rate and QE) .. and i was right to follow his advise on current market direction and inform people here that it will break 70c..

lol, it really break below 70c..
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SuperPanda if you ave is above 70, better sell to take profit before it turn to paper loss,.. then buy back below 70 and keep probably till end year to gain back above 90c

if this work as plan, you wont lose a penny and even can earn more
12/03/2020 10:58 AM

when us fed set rate to 0% it has been predicted that they will do that and when the approach taken, it has been said too it will not help market so they proceed with QE

and it has been predicted too that QE will fail

my insight and share here is based on the expert that predicts correctly for this coming crisis, its up to you to believe or not

i have cl at .335 from .375 ave and i was right not to buy back until now

it not based on my sole knowledge as im not the expect

will drop below 50c for sure, market will give 80-90% discount when recession

stop buying now, if you wait longer you can buy cheaper when market drop to the level as previous asian financial crisis or sars

many people still dont get the big picture, the virus is just the trigger of the bubble built past 9 years, the main issue is us dollar will be collapse, its a fake money and fake economy with trillions of debt

dow moving towards below 10k pts, keep your cash, its just started, market will be 70-90% discount bcoz this time of recession will be bigger than the past

us dollar will collapse and lost value, its fake money and fake economy, it cant hold the bubble anymore, trillions of debt, it cant be saved now

bursa will be below 500 pts, stop buying now, just wait and be patient

oil will rebound back once shale oil out of business

if recession really comes due to us bubble, we might see dow at 7k pts and bursa 200 pts only

you will see armada .10 next month

usa economy will burst, dolar will collapse, welcome to recession

i have remind bursa will below 1200 soon, then 1k

why rush buy now, next mth can buy below 50c

60c might happen, along the way ups and downs is for you to short, can win but most probably lost

technical rebound just another cycle for another drop, dow will move below 20k pts and bursa will be below 1.2k pts soon

slowly will become obvious, world is in serious pandemic disease, even in msia no of cases getting higher

next mth when saudi output load into market, oil will move below 30usd

bursa will below 1.2k pts by then

trump declare national emergency, usa and europe cases increases

dow direction towards below 20k pts still on track

us shale will first to die if oil remain below 40

bullrun, wait until shale oil out of business, then oil will up back

been warned of what would coming, like spinninglotus predict correctly on impairment, somehow he’s already gone, bursa casualty?

buy would not based on price, but timing, only buy once less supply, high demand, when? discover it yourself

should have run earlier but better late than never

we have give warning but some dont want to follow, so have to face the consequences

no matter how rich you are, do not against the market force

if sell last 2 days at 80, already save 10c but some hesitate so have to bear the consequences

if recession comes it will be .10

others already break 52w low, why this one havent? whom support

tomorrow will be lower and next week getting harder, below 70c is coming

im not sure your actual position but if only barakah -ve margin very surprising.. you bought scomies b4 consolidate, after consolidate is 22c and now only 6c

but its your self proclaim, i dont want to argue
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From the 13 battleships under P2 Oil and Gas, only Barakah is still with negative margin. The rest are all positive since I have been trading in all these counters meaning sell high and buy when it is low. Profit taking requires knowledge, efforts and experience. Overall margin in this sector is pretty decent with double digit margin.

every trade day it will come down slowly and then final destination will be in the peak of crisis which is?

a) 80c
b) 70c
c) 60c
d) rm3

if you ave is above 70, better sell to take profit before it turn to paper loss,.. then buy back below 70 and keep probably till end year to gain back above 90c

if this work as plan, you wont lose a penny and even can earn more

not worry but happy bcoz can buy cheaper later, below 70c is definitely will happen