like I stated the oil industry is taking hit after hit and I will use this to volatility to my advantage, just as with other sectors, banking etc...trading makes a market, buying then selling stock has been since the stock market was born...
I find it odd the locals let some post go unquestioned do they have influence or maybe one of the locals is a friend. As I only had to post oil news and I get a reaction for an article I did not write, regardless of my whether or not I have an interest in any oil companies... A poster called RRL & LGO a pos without foundation and yet it got no reaction from anyone, even the local sentry did not come out with the usual halt who goes there attitude.., very odd. I should have used the filter sooner, genuine apologies.
Obviously the oil sector is being hit hard and I expect RRL to continue to slide on no news whereas LGO I expect news that will have a positive impact on the SP, albeit short lived, but enough time to make a decent trade.
chick I really don't see how it is relevant as I purchased another tranche today and will continue to add. Yes I posted the chart before the RNS but it was not the RNS I was expecting which as it turns out was a sublime bit of luck as I got in less than 19. The next RNS will be the one to take the sp north, now if you having trouble understanding that then I suggest you sit nearer the front....
OilSpill , you said last night you were in at .19, and given that you posted your bullish LGO chart on the LGO board just before the RNS, wnen the LGO SP was indded at 18/19 then we can safely assume you are indeed in at around .19
That's why we asked OilSpill, so you can't tell porkies later on.
And please do let us know as soon as you average down.
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