oil wants to take over 40 today it seems....

ok. the result is this.
1. on T+3, our daytime on the day, they need to pick up my US stock because they don't work in midnight when US market opens.
2. after they picked it up, I sold them in the midnight on that day.
3. their system is simply not efficient to deal with this situation. They had to wait until "some statements" come out and when they found it, they will transferred the contra money back into my trust account.
4. my remisor, after apologize, suggesting me to confirm to her on T+3 that if i plan to pick up the stock or sell it. And I told her this is hard because it depends on the price at night when US market opens, and she apologize again(Sigh!).

So, conclusion: Contact remisor for every transaction we did on US stock, so that they can do their best to make the process more efficient. Or, don't transact on T+3, do it before or after.

And she "assure" me that the money won't disappeared, it will just delay (when they "found it on the statement"!) .

Gee....the biggest investment bank in Malaysia. Gee.....

This post has been edited by yok70: Mar 17 2016, 05:11 PM

bulls need to keep their promise of revisit 40....but whether can sustain or not, that leave to market force. Bulls themselves can't beat the entire market force.

it looks like a typical sell on news (fed keeps rate).

oil bulls are everywhere...
http://jlfmi.tumblr.com/post/141186779080/...-for-oil-prices

you good good!
i in avg 165!

ya, the bull really desperate to take over the 40.
i bet no surprise can happen tonight.

Despite reasons to be cheerful, however, the central bank warned that "the current oil market still features a continued oversupply, on the backdrop of a slowdown in the Chinese economy, more supplies originating from Iran and tighter competition for market share."

"This is why the certain recovery in crude prices seen in the recent weeks may prove to be unsustainable. In recognition of this, the Bank of Russia assumed in its baseline scenario the average forecast oil price of $30 per barrel in 2016 (below the current price), with its gradual rise to $40 per barrel to 2018."

https://finance.yahoo.com/news/russia-centr...-103848709.html

Tonight, the bulls seem to target for 41...

this site live feed is dead? not moving....
http://www.investing.com/commodities/crude-oil

ok, because it's changing contract.

This post has been edited by yok70: Mar 19 2016, 04:06 AM

next week will be interesting.

oil bulls don't want give up....

It's time to put more bombs to them, kill. Fuck them hard. There is no other way.

for apple, good.
for dwti, dead....i mean, still dead. My average price now at 164, after selling half with some profit at 168 few weeks ago.

thanks man. And GL to your crude long. The market is volatile, we can both make money from it.

This post has been edited by yok70: Mar 22 2016, 10:29 PM

oil bulls seems still don't want give up....

i feel the longer bulls trying to hold crude price, the more disastrous bears could come attack later.
However, as most people has taken the recent low as floor price, I guess it's hard to go below 26 no matter what. 30 is the new low I guess.

This post has been edited by yok70: Mar 23 2016, 12:43 PM

you guys all waiting to follow the bulls?
but i'm still at the bear side.
target 36.

This post has been edited by yok70: Mar 23 2016, 11:31 PM

interesting....

finally, add one more company...

fully agreed. small portion of shale producers can make profit at as low as $24-$25 now, while many well operated ones at $40-$45. I can't see any reason to support oil rally, at least not in mid term.