Member Info for downbutnotout

oil price near overbought levels thats why?

if WTI $50 breaks expect lower.

@ 116.35p bought back what i sold a couple of weeks ago (121.2p). during that time most retailers have had good gains but not this dog. just 5000 shares i am holding. i may double up in the morning if it drops 2p.

which way today?

a juicy divi coming? 65.46p ex div 21-feb. not too far away.

Trump due to speak tomorrow. be careful. He is certain to mention the wall and a longer government shutdown will begin to lower the US GDP. a few less workers filling up at the pump!

GBP stronger today. SP did well to hold 78p.

thanks HeresHopin. makes up a little for not buying back into ASOS! its bounced near 30% off the £22 low.

14 mins actually. over £1k profit banked after fees. see if i get the chance to buy back in. may wait till later in the day. SP may not recover.

out at 5.38p. 16% gain banked :)

it sure is. i sold at 4.7p few weeks ago so feel a little lucky to get back in lower after seeing the spikes up to 6p. bought back 60%.

11:24:23 4.6362 175,000 O 4.5000 4.6300 Buy

@ 4.63p

yes sir!!

some thoughts to outweigh all the positive ramping :)

- its a Friday. usually not a good day for stocks..
- US December jobs number. not sure what time that comes out (mid-day?) but it can move the market sometimes.
- US indices closed at the day's lows.
- plus some US indices are back in bear market territory. its unusual for stocks to drop more than 20% and we're not in a recession.
- EIA data not out until late in the day.. 4pm.

good evening MrD. just checking in here to read today's posts. US markets tanking again this evening. yesterday it was buy the dip. now sell the rally is back. oil is seems to be holding onto gains (for now).

Olivia had her fun. down she goes now :P~

oil hitting a key resistance level right now i think..

capra, oil technicals tell me nothing much has changed. theres no break to the upside yet. so the downside risk is still there and potentially a big drop.

i paid sub 55p for these. whats changed in the last week or so? nowt..

some support around 53.90 it seems.

yesterday's gains almost gone now.

$46.00

this is a very bad omen to start the day on.. its opened below a key resistance that was broken today. the trend for now is likely back down imo.

SP will do well to hold the 60s tomorrow.

FTSE futures are pointing down by about 0.5%

oil has dropped. brent now $54.49 vs $56.20 afternoon high. still up $1.50 since this morning though.