Member Info for downbutnotout

back in for a few at $2.32. SP closed at $2.35

days not over yet! still a chance it sells off before the close..

the closing price & monday opening price for oil are important. not out of the woods yet!

118.70p. nearly got my 108.40p close price. just 1 digit wrong :D

i did say oil may bounce by 3:30 and so it did..

it could drop 10%+ from here. to bottom of rising channel from mid 2017. but oil would still be on an uptrend even if it did drop that much..

the longer oil stays down at these levels the less chance of a SP bounce.. if no recovery by 3:30pm i think SP will tank into the close. by cop 108p is my prediction. maybe lower if oil tanks big time..

yes risky.. oil price in no mans land now..

108p next support area.. then 95p.

oh dear. i did warn you all yesterday... 102p by cop.

key test of support coming up..EMA50

i'm a bit worried its heading lower again..and this getting dragged down with other oilies.

Friday - US jobs number day. expect a weak morning for stocks.

hydraides - call it deramping if it makes you feel better. i was bang on with my call for brent to drop to $72.50 a couple of weeks ago. just saying!

US jobs number tomorrow. expect a weak morning for stocks. plus its a Friday!

tomorrow's oil price open will dictate how the rest of the days pans out me thinks.

finding support at $2.36 right now. resistance at 2.48 i think. its tried 3 times to break it over last few days.

LMI SP 0.4244

i calc. discount at only 0.13%

ADR 2.37
GBP/USD 1.3218

until i saw this trade after close.

16:36:37 17.5750 350,000 O 17.2400 18.0000 Sell

don't see any UT trade.

squeaky bum time.. potential for a big drop from here..

The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal.

$2.25 would be nice..

https://www.youtube.com/watch?v=qYnNGu8Ixwg

not far away...

no trades at all today..

close 43.08p

ADRs closed $2.38
GBP/USD 1.319
discount -0.73

SP at a premium by my calcs..

15:48:44 45.0030 200,116 O 45.2500 45.5500 Sell

200,000 trade after strong rise yesterday and today.