Member Info for Stupmy

Thankyou. Refreshingly small list of names in there to be honest. That is not true of my ADVFN account.

I've done it previously, but can't figure out how to do it again. I'd like to filter ammu as I don't remember seeing him/her post anything of any interest ever, but he/she never seems to take an opportunity not to post.

I'd imagine there's a good chance the gap up on open will close (around 22.5). SP could overshoot that, but if we were to close above 23.1, it would see to mark a break out from quite a bit 'cup n handle' formation that started on Nov 17th. The target for that upside break would be around 29.3 (all of this is based on the 2h chart; figures could vary a bit if you work it from the daily). On the daily chart, the previous high is around 27.3 (could act as resistance), but after that 30p comes into play. Barring something big from Eastern europe or elsewhere, I think we could be off to the 30p area. I added day before yesterday.

January, I'd imagine that the reasont he SP is not moving up with Brent is the risk of escalation of the Russian/Ukrainian conflict. Your suggestion of imposition and NATO policing of a Ukrainian no-fly zone is just one way to escalate this conflict. I guess those opposed to Russians actions have to give a little time for their sanctions to bite. Sadly, those opposing Putin's actions on the ground will have to give and take many lives to give those sanctions time to bite. Someone mentioned the faces of the generals on Putin's announcement of getting his military nuclear primed, I don't think it's the only sign that the average Russian ground soldier does not his heart in this conflict either. Many Russians are suffering here in addition to the Ukrainians they are assaulting. As is so often the case with conflict, there will be no winners here. Only time will tell whether Putin himself will be the ultimate loser. He looks more like a cornered rat each time he gives a press conference. The problem is that cornered rats often attack with everything they have left without thought for the consequences for themselves or others. Unless he can do so without losing face, Putin will not back down. It's the job of the worlds diplomats to try to find their through to that solution. British politicians look woefully inadequate for the job.
With the continued rise in the price of Brent overnight, we may see some addtional improvement in the SP here.

Have Europe and the US stopped buying Russian oil and gas? If that's not official, then presumably it has to be close. Could be the reason for todays push north for the POO.

I have it at 103.29 using IT finance data. Not sure what the difference between the 2 data sources represents. I'd be interested to understand, but it's not that important when it comes to trading the index the way I do things. Obvously it's more significant when it comes to the fundamentals of stocks that produce or depend upon Brent.

I imagined that to be the case. Not really sure where all that nonsense about selling and even shorting came from, but I didn't read it from any of your posts. Let's hope we do see 55p.

“Moral margin call”, beautifully put.

KO, I'm still not clear. Are you still long or 'long again'. I couldn't see for sure whether you sold, although some posts suggested you did?

Problem is that, once orders are given, then as long as protocols are followed it's irrevocable. Striking first changes little. Just ensures large scale destruction from both (all) sides.

mrc. I'm hoping the same, that if we can get through this sensibly, I hope we can put some mechanisms into place to make individual nuclear responsibility/authority lower (I'm thinking US/Russian presidents initially, but they're not the only ones) . If we could reduce/remove the threat of devastating weoponry and maybe meddle less in the affairs of other countries (even when such affairs are inacceoptible to us), that might help to maintain some calm. I fear though, that we will struggle to put international treaties into effective practice and we'll continue with the risks associated with human nature. Allowing individual people too much power will always be a massive risk to stability or even life itself. Historically, when populations have grown to a point where they struggle to get access to enough resource (going back to peoples using rocks and bows and arrows) then war between tribes has reduced population densities to permit a period of calm before those densities increase again. Rinse and repeat! You'd imagine we are now sufficiently sophisticated to get around this issue, but apparently that's not working on the ground.

Russia has openly brought into focus it's nuclear submarine capabilities. They claim to be able to fire 500 warheads to destroy america and all Nato countries. The subs are what's been on my mind as particularly difficult. No-one knows where they are in theory if protocols are tightly adhered to. It means they cannot be easily dealt with.

gurun, march 24th according to their website. They don't state 'subject to change' on this one either, so I guess the 24th it will be.

Auson, I don't really have additional detail to add regarding my previous post. I was stating it as 'of interest' potentially. There are lots of reasons to buy and sell. If you get it right often enough, you prevent losses and make profits.
Bearing in mind that we all find different things 'pleasing to the eye', maybe we're wrong, maybe ENQ is not as pretty as she seems to be (she might have the Gobi Ruttles for example). If you were sat around b/e with large positions here and everything else was dropping off, it would be easy enough to consider a move to an opportunity that presents itself elsewhere. That wouldn't necessarily be a vote against ENQ (except perceived opportunity cost), but it could limit upside/precipitate downside all the same.

Jeffrey (others, KO?), I had to conduct a bit of business with a group of pension fund managers this morning. It was very difficult to get them on the phone. When they called back, they apologised and indicated that they had been run off their feet moving positions to cash due to the war. I'd imagine that is true of many fund managers currently. Was Buffet that said something along the lines of 'When there's a fire in the stables, the pretty horses come running out with the nags". War is a scarey thing and even if oil prices rise, risk is much increased, well beyond Ukraines borders. I guess this is where speculative risk taking will either pays (over time) or bite you on the backside at some point. I guess it's why KO dropped his positions (if he did), although I haven't seen him say that in his own posts.
Good luck whatever approach you take.

mrc, I started to wonder whether KO was more than one person today. At times KO appears confused and skittish, buffeted by the markets as they do what they do and he fills his trousers (I don't mean pockets), but today KO was rock solid confident about a very specific price level of 22.1. Which incidentally he was correct about. Good call KO.

Is KO in fact 'Legion'
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I see you are showing your true colours again today KO. You seem almost gleeful.

Why anyone still believes you are a long suffering investor I don’t know.

KO, have you sold everything? I missed some earlier posts and it's a lot of work going back through things on a 'busy' day? If so, did you get a profit/be/or loss?

KO, are you mixing up shorts with just selling? Fast rises are often followed by some selling to lock in profit, that can bring the price off (often followed by sustained buying and price rises) without invoking shot selling?
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Whenever oil moves up quickly the shorts always get hold it and tug it back down

mrc, it's hard to tell what reality is from a BB, but I had the impression that KO is long and somewhat stuck because he never sells a few when the price rises. I struggle to imagine him being short, although you can never be sure that what people say is what they do (Boris Johnson for example).

Is the post below the one that has people suggesting that KO went short? Seems, like so many things in life, to be quite a stretch to jump from this to claiming KO is short. Maybe I missed something.
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The higher the oil price goes without pulling us up with it gives a far bigger weight to push us down even further as oil price fall back to $90 with the dust settles and Putin does a deal with the west not to take anymore countries
17p anyone