Member Info for downbutnotout

today's close could be the key to where its heading tomorrow. WTI 86.35 needs to hold. there is still potential for a big drop from here. be careful! the rally in US markets is already beginning to fizzle out.

Krakenoil get your facts correct. i never told anyone to sell at 68p. i said it 68p wasn't safe i.e. it could go lower and it did go below it to the almost 67p.

pull back to WTI $59 today me thinks.

sorry Mrd. at least BATS is looking good today. its bounced off support at 2760 area. 2885 looks to be resistance. i you still holding RMG? i sold that bugger but made more on #LEK

if you say so Krakenoil. but this clown just banked 50% on an oil stock in a couple of days. i tipped it here last week. #LEK

resistance at WTI $59.50

expect the Monday morning sugar high to wear off quickly and certainly by mid-day.

i got 2 sources for WTI real-time price. both showing WTI dipped to a little under $58 on Friday evening but that was after LSE market closed. price dropped alot after 4:30 so i still think little change from Friday 4:30

i had WTI at 59.40 at 4:30 on Friday and its now 59.43 so no change. but S&P 500 futures are up over 1%.

oil hit a strong wall of resistance. the signs were there..a bearish flag pattern. not looking good as its looking like a close below WTI $58.35 support so it going lower. $57.33 will get tested. if that breaks then be prepared for potentially much lower, maybe as low as $51 which is the level it was at just a couple of weeks ago.

end of month selling played part today you think?

SP hit over 4p today. i saw c.4.2p but that was on screen. didn't see any buys go through for 4.2p though.
the on-screen spread is massive. can't tell which are buys and sells. whats all that about?

anyone heard of On Exchange AIM MTF (Multilateral trading facility). i just sold some shares and the contract note from my broker is showing a £50 commission fee. ok maybe it was my fault for not reading the charges when i clicked the sell button. but i've sold shares before with same broker and same share but outside my ISA and only paid the usual frequent trader £5.99 fee. ticker code LEK (Lekoil). company based in Lagos, Nigeria!

I love Fridays esp. where PMO is concerned. the SP always tanks without fail. i think my WTI $58 target could be seen today.

SP action today. sink hole springs to mind. oil was looking like breaking out to the upside. not so sure now.

looking grim here as oil price looks quite perky. mmmmmmmm

today's target $58

PMO SP target 74s

over now i think. 77p!

77.42p yesterday's target. pivot level.

73s looks tasty for a pull back if oil plays nicely.

still time to see 77.42p