QUOTE(Brother J @ Aug 14 2015, 08:49 PM)
It's been a while since my last post. Looking at the previous numerous posts I saw similarities in them with CNBC's talking heads. Comment like:" I think crude is going to be $42-$50 until end of the year is laughable". I have said many times that USD to RM should hit 4:0 by July/August.
This is getting serious to the fact that by end of the year it wont be surprised to see 4.90/5.0. Anyway, to think crude will bounce from here is a dream. Won't see significant bounce until lower $30. (That's when we will see 4.90/5.0)
Oh btw, expect to see AAPL hitting lower $90 by end of year too if they rolling out another piece of iphoneX (whatever series). iWatch is a joke, it makes the one who wear it looks like a nerd. (Unless you are in your teens just to make yourself look like a cool kid)
If you think energy stock is going to bounce hard from here, you are out of your mind, but it's your money anyway. Trade safe.
short of bombs dropping, there is really no reason oil price will rebound significantly.
thanks, will have all that in mind!
QUOTE(mikehwy @ Aug 14 2015, 09:43 PM)
exactly, he just said rm to be 3.60 soon !!!

must have been misquoted. should be 6.30?