Nice Day10 Oct 2010 17:50
Here, cleaned the car,brushed some leaves, wind hit, leaves went everywhere!
Ahh well theres no leaves in the car, apart fromthe engine holding it together!
Next week I wont be happy if there is no news from GKP or EO, I expect news from both on Tuesday.
DES week after, which is the biggy for me, given the subsequent rise or fall!
Hopefully the other 2 will move up making a nice cushion.
I personally dont see that much risk in DES finding an oil column. So I will derisk on the first RNS, then wait for test flows etc which are harder to call. Think my strategy will come off but we will see.
Gov budget cuts out this week, I think short term there willbe some panick, so hoping to close my Barc Long Mon/Tues and short the XTA by Wednesday which is now at top of its current trading range.