Posted by Tobby > 2022-03-08 11:07 | Report Abuse

Well, after 3 trading days of drop! I still couldn't find what variable lend to this! The only reason is that hedge funds are pushing prices down for them to milk the markets!

Posted by Tobby > 2022-03-08 11:07 | Report Abuse

It's looking too attractive right now! Buy on dip!

Posted by Tobby > 2022-03-08 11:20 | Report Abuse

Seems like today further drop is due to force selling of margins!

Posted by Tobby > 2022-03-08 13:56 | Report Abuse

Apparently hedge funds are spooked by sudden jump in oil price! Yesterday 130usd was a shocker! Is there really shortage of oil! Not really! Just OPEC refuse to increase output! Why, because they are siding with Russia!

Posted by Tobby > 2022-03-08 13:57 | Report Abuse

So we should see a rush to open up rigs all over the world! This situation of high oil price will be around for one or two years!

Posted by Tobby > 2022-03-08 13:57 | Report Abuse

As the world flush with oil again, we should see oil trading 50usd again! 2 years down the road!

Posted by Tobby > 2022-03-09 14:48 | Report Abuse

Yeah, bursa is back! Unfortunately i am out of capital! Bought too early! I dont' contra! Scare that things turn to losses!

Posted by Tobby > 2022-03-09 14:56 | Report Abuse

At this point i can only watch! Dare not contra! Sad!