Member Info for misterbeck

So the oil price was $34 at close on Thursday and now its dropped to $32. should be an interesting day.

Brent Oil Live Charts
http://www.m.livecharts.co.uk/MarketCharts/brent.php

23.8p

Indeed SP usually moves up on rumour and down once news is released.

Thats no my prediction of course. But someone posted that here yesterday along with their SP prediction of 32p

an interesting prediction.

Another quote from the same article:
Chris Midgely, S&P Global Platts’ global head of analytics, said that the cut isn’t enough “to plug the 15- to 20-million b/d near-term imbalance in the marketplace and avoid tank tops in May.” The cut “won’t be enough to bring sustainable, restorative support to oil prices, not unless OPEC goes further,” he added.

https://www.fxstreet.com/analysis/oil-left-joyless-on-good-friday-as-mexico-waves-off-opec-deal-202004100741?utm_source=onesignal&utm_medium=push&utm_campaign=analysis

The poppets are counting their successful top-ups

Yes I know Barny, after it tipped to go in there last week. Chuckle

especially SOLG. Glad I'm not in there

Bodes well for today

I thought the same. Consider going into gold stocks last week. POG went rebounded back up from 19 to 22p.
But now fallen down over 30% in the last 5 trading days. Even metals are getting smashed, but less so it seems.
SOLG has improved a momentarily from its downward trend, but I wouldn't be too hopeful about any medium term gains.

on a 17% drop.

By 12.93%. Its biggest ever single day fall.
Wish I had topped up earlier.

Wasn't it Armasmaximilian who last week posted something like:
"today's (little) top up, is tomorrows loss?"
Well said old boy

Yeah it makes me laugh.

Surprised i managed to get the chance to sell my remaining holding here at 97p this morning.
Will watch and wait from sidelines for a while. getting freaky

Me too. Bought a chunk at 105p today and now have a very low average and 5000 more shares.

Didnt you realise its ok now. Apparently china is going back to work. Well thats what someone here posted last week.