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I hereby declare, in a most intelligent and adult manner, and with a correctness of grammar that would leave no doubt in the minds of even the most hardened aficionado of all that is right and proper... Tullow Oil is now at precisely one hundred and ninety four pence... Brent Crude Oil is currently Sixty-three Dollars and seven hundred and eighty-two cents. Yours Faithfully Mr H. Sword Esq.
mtahir1888 "I wonder about the lack of intelligence about some of the people on here." Ironic that your sentence construction shows a distinct lack of intelligence. It is "intelligence of some of the people", and not "intelligence about some of the people" Filter anything that upsets you... I would filter you too, but I am sure I would miss out on all of your intelligent insightful input... Toodle pip...
I can't see a double top on Brent or WTI... I think you are talking out of your double bottom... 191.50 Cummon Tullow... Wake up will ya...
"Dbno has issued a sell. Time to buy?!" Probably not.. dbno watches WTI despite being told a million times TLW is Brent...
I have my pen and paper... And I will now sketch a Collateralised Debt Obligation... Guess that proves the point... No one understood what those derivatives were all about...
I hope,,,
No rights issue...
If Warren Buffet says do the opposite to what others are doing, you can be sure that there is truth in it... Remember the majority (something like 90%) of PI's lose money... dbno is an example of the 90% majority... There is no real way of acting against your intuition... The eventual decision you make will be intuitive, even though you think you are second guessing yourself... You need someone else to set the metric... It is ugly baby syndrome... There's a good book by Psychologist and trader Alexander Elder called Welcome to my Trading Room... Worth a read ... 192.30
Looks like the double bottom on the chart is playing out... I hear dbno used to play that game in prison... 193.50 (-0.718%) 64.157
You have to admit... It is uncanny that when dbno posts an analysis the opposite happens... There's a Twilight Zone episode in there somewhere... 193.20 (-0.872) It's not my imagination is it... Is it ???
Today's Major Oil Benchmark is... TVO Tesco Vegetable Oil (Suitable for Frying)... 192.40 (+1.283%) 64.075 Brent down, TLW climbing...
I think we have found the bottom... And I am not talking about dbno... 191.40 64.120
Frosties will need to be dusted with something stronger than sugar... 191.10 (-1.95%) $64.306
Oh cummon... Really ??? 192.00
I don't usually take much notice of SWS and Vectorvest automated analysis... Top of page says "Reasonable growth potential and slightly overvalued"... Then gives a future cash flow Value of £3.20... £3.20 seems far away, but TLW was trading over this mid 2015, so not impossible... 2014 was £7.50's... 2012 it Peaked at £13.00... (insert shocked emoticon here) Obviously RI's and Crude prices not accounted for, but looks way undervalued to most... Cinnamon helped a tad...But might have to break out the Puffs... 192.90 64.426
Strange how the rally reversed yesterday... All TLW skeletons are sorted, Brent up, Inventories down, Pipe cracked... Broker ratings outperform, Overweight, 210-240 192.50 64.489 See how things look after another bowl of Curiously Cinnamon...
Cummon TLW... Nothing holding you back...What are you waiting for... "Oil prices declined Tuesday after a rally off the shutdown of a key European pipeline prompted investors to take profits. Crude inventories fell by 7.4 million barrels in the week to Dec. 8 to 444.4 million, compared with analysts’ expectations for a decrease of 3.8 million barrels. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 2.7 million barrels, API said. " 192.70 $64.427
Brent back up $64.294 TLW back down 192.50 (-1.231%) US stockpiles down by 7.4 mln barrels EIA data out at 15:30 zzzzzzzzzzzzzzzzzzzzzzzzz
rob... Remember when dbno was saying 168 when we were at 200... We all ripped him for saying that... One thing I have learned is never say never... In Europe a few refineries were knocked out this week... Look what happened when the storm took the refineries out a couple of months ago in the US ... Oil and TLW tanked... That could happen again... So could rigs failing, casings fail (UKOG), dusters drilled (TLW), pipelines crack... Brent was $66 this morning, now it is $63.500... That is nearly 4% drop in 1 day... Look on most BB's.. there's always an expert putting down "derampers" and backing this up with charts and stats... I saw it happen in real time with RRL, as it dropped from 24p to 0.3p... All the while self proclaimed "experts" were posting charts and TA and company fundamentals that showed this was going to 50p... Trust me, So many times the "derampers" have been proved correct... I'm not saying dbno is a deramper, or even that he is ever correct, but it is good to have someone with an opposing view to put things in perspective... Better to argue it out to prove your view than to dismiss someone as an idiot... It is too easy to get emotional and possessive with stocks, which is rule number 1 of things not to do... No one likes to be told that their baby is ugly... But sometimes pretty babies grow into ugly adults... Except me.. I was a pretty baby and I look even more fantastic now... :o)
Closed at 194.90 (+2.471%)... Really looked like we would break 200 today... No one seem to know for sure why Brent and WTI took a dive... Lets hope it picks up overnight... 200 tomorrow... I can feel it... :o)