They've steered it to just under that key $47.40 level I pointed out for the weekly close, go figure :)
Gotta tell you though that, fortunately for me, having opened increasingly large shorts from $48.15 upwards, the Yanks smacked it down $1.50 in a matter of minutes to below $47 and that to me suggests the big money is taking profits pretty much where I thought they would after such an extraordinary run - I had $48.33 pegged as absolute top but it didn't quite make it, good job I started layering in the shorts a tad below my top target lol
What happens next is anybodies guess as per but I know the next technical target upwards is $53-55 so a retrace to at least $45.50 makes sense to me but it could go as low as $41 without snapping the elastic to a $53+ bounce - potential horrors below $41 though imo ...
None of that should have a dramatic effect on the SP here I wouldn't think but you know how the shorters love defenceless plays like XEL so watch that Brent price keenly imo ...
Talking about taking the **** . Just had statement from my share Acc to satanists gone down by 10k since Oct and I owe them 44 quid in admin charged for using their ****img sevices . What a ****img nightmare this is
Gees just read this. Makes you feel sick for those involved And families. As someone that still goes offshore on occasions it's a real worry and makes me angry :-(. After a quiet few years after the 2012 & 13 incidents. A reminder of the risks taken.
Many here realistically sitting in disaster zone with their investment while this perpetually paid executive drone on about future plans which all completely are hot air w/o the key issue of funding being in place.
At the end of March I posted if Ruppee drags his feet re the Bonds this will see around 8p, I was rounded upon by the toothless one's who hate any reality but there you have it. I doubt I will bother to buy again ,as I have averaged to what I (hope) believe to be a safe return even in the event of a fire sale...but I could still get burnt!
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