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3 comment(s). Last comment by fortunebullz 2014-10-26 15:30
Posted by sunztzhe > 2014-10-26 14:52 | Report Abuse
The secular bear market for Crude oil just began. It will go on for a good number of years. The Global Oil & Gas industry is on the cusp of a major industry shakeout. High production cost fields exceeding USD80 /barrel will start retrenching workers, close down and high cost Oil & Gas players will be weeded out and what remains will be the stronger low cost players.
Retrenchment of workers in high cost Oil & Gas industry in USA, elsewhere will increase and the FED will not even mention of Tapering anymore for the time being. Benign low interest rate environment will continue for a while longer.
Posted by fortunebullz > 2014-10-26 15:30 | Report Abuse
Read few comments about deflation! I shake head because they don't know what they talking about! Only Japan going for deflation because it's already fully developed! US dont even have bullet trains! US is desperately need to refurbish outdated infrastructure! Europe also the same! China need to convert dirty energy! Malaysia is worst! Malaysia talk about upgrading trains lines for years! This low oil price is opportunity for all to improve infrastructures!
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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....
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Posted by fortunebullz > 2014-10-26 14:31 | Report Abuse
You dont want to short market now! You are sure to burn yourself! Deep correction is over! If you didn't notice for whole week, stocks are climbing up! These will go on for at least few weeks to end of window dressing! Next resistance level is 1830 which is so easy! Probability 1850 will see some breather!