Current 3 month average is 130p+50-60% premium is around 180p. No chance. So they will keep us here surpressed 58-65 for indefinitely then take tullow around 100p.
67.1% premium to sxxs 3 month weighted price. Now anyone wonder why they need us here for another 2 months. As nov was 140. Oct was 200. Dec was 60. So then need feb 60 march 60. Then they say oh 65% premium there you go.
Better still lets short and put a stop loss 3p above the price. So they dont trigger it in first 10 min spike. Every1 do it. The patter is there. Lets make some money of plus 500.
My instincts are always right. My timing however is pathetic. This will be back to 150p but it will take 18 months or so unles we strike a billion barrel find.