Pmo has alot of gas hedged. And close to 40% oil hedged this year. Next year we can hope trumps made a deal. Think tomorrow will be positive. 6 day losing streak is tough. Then after 73-74 may continue to go back down.
Sbb1. You are probably intending to buy cheaper. Next man say has 100k in here. Your telling him tomorrow it might be worth 60k and think he going to take it lightly. When you got skin in the game ppl like you saying 90p. When you got no skin in the game the bargain hunters like you saying 50p. So now you understand? All I know is very few ppl catch the bottom. Best to get in where you happy to hold. 70p has always brought me profits.
Dow down 950 points. But oils found support at $59.75. Lets see who blinks first. Trump or china. Im guessing trump. He has an election to win. No president has ever won again in a recession. He knows this. He will blink well before his re-election campaign.
We all know with pmo could be on 50p and be on 90p few weeks later. All I know is 70p is a good price to pay. 50p is a bad time to sell. 95+p you should sell and cash in.
No one listening to 45p anyway. We all know 49p could come or 89p. But all we know for sure is that both of them things can happen within a month so I wouldnt worry too much.
Tr1 how many you holding at mo! I sold blnd and bats both in total 60k down to buy here. Il be in till 78p maybe more who knows. Or maybe stuck whilst it goes down to 10p then back to 100p.