Member Info for Nitro182

Everything is taking a hit

Well oil is tanking hard. New Lows Incoming once the US opens ?

No shortage of oil supply , high interest rates will kill demand (recession) , and the US have come out to day they won't rush to fill the reserves (basically due to expecting cheaper prices). The government can't windfall tax at these prices.

Because its manipulated ? That's what everyone on stocktwits is saying lol.

What a dire situation ! As soon as those RNS's appear from BOA there's always something bad going on with the share.

How the hell do they fake the market like they do? Looks like all SP gains will be wiped out from this week going by the poo. Holy crap.

I would be careful , everything is in a downward spiral right now. Interest rates go up , the markets go down , especially those companies with a considerable amount of debt. The market has hated NEX for a long time now.

Well previously the SP was in the 270's when brent was $76 , so the SP is currently 10p short right now.

Meryl Lynch have released a holdings rns so expecting some shifty out of hours action. Back to 240p in the blink of an eye?

Well I'm out at 264p due to poo tanking.

Well we have been told that the news will be released before end of March and thats practically a week today. I can hold my nerve for 7 days , given that its been 4 months since following this and im still living to tell the tale lol. Something by the government has to be done clearly.

Im back in at 261p after POO breaking out. The upside far outweighs the downside now , unless theres more of a banking crisis. Im back in on the basis that we hear about an improvement with the EPL imminently, im expecting something along the likes that if HBR fund the CCS project (to achieve NET Zero) then the tax will be removed which will work as i understand HBR own the assets already from ConocoPhillips. (something along those lines already).

Also i dont think energy is the main cause of inflation right now.

Having a nightmare here lol

Whatever Rookie does do the opposite ;-)

Markets were booming , then bam, he said something that the world did not like.

What's he said? The markets just reversing aswell as oil ?

How can oil be bullish going into the Feds announcement and recent economic downturns? got to be a trap surely?

Weird market going on. Which way we gonna go? Red or Black ?

Cheers , can anyone confirm this for sure?

The Fed decision comes tomorrow evening (always on a Wednesday) around 1930gmt , followed by the not so important BOE announcement on Thursday.