Axreit Syndicate?

Oil n Gas continue upwards so long as the war in the middle east continues that is...

currently i think we are experiencing a spike because of Russia cutting of Gas to the Ukraine, they want Ukraine to pay at market price which is like 4x folds currently wat ukrainians are paying their gas for... check bloomberg for details..

So if Gas imported are suddenly increased, means consumers will have to pay probably x6 x7 times the gas they purchase vide their normal operators.

Not forgetting the gas gateway to Europe is by Ukraine, which means Euope would also have to pay 10x to 20x times for the gas prices...

Like oil when it was 149 dollars the same effect would probably be true for Ukrainians and Europeans alike.

For the time being my two cents worth, for the foreseable time even without the middle east conflict $ 50 (if it continues to be long haul prolly $60, but i think the conflict would die down in about another 20 days the longest 2 months) would sound kind of reasonable...

Yeah i saw on some news (think was bloomberg) i was browsing too fast, i though i saw OPEC is going cut chop oil production too!

Killer wave coming?

ok i didnt see that coming really but i didnt put that into play at all.

YA on target CPO 1900 now see if it can maintain!

This post has been edited by aurora97: Jan 6 2009, 03:36 PM

i would say is on the high side, should have picked it up a few months back it was hovering around 4 to 4.2. The capital repayment is old news has been going on and on and on and on, if they do Cpital repayment u will lose out since u purchased at such a phigh price of 4.50. Which i think i will purchase some Jinter shares after the cap repayment.

maket going to go green this morning, especially with CPO hitting 2000 which was totally unexpected and crude oil at 48...

all the stars seems to align for something interesting to happen today!

well normally there will be 3-5 days continous seling pressure well from what i observe anyway from the first news that break out..

besides like the good old advice in this forum... when people r greedy its time to fear. think i am going to sit back with my cash and watch the market correct itself for a Cny Sale!

This post has been edited by aurora97: Jan 7 2009, 09:09 AM

The heat is on Gaza truce is around the corner, after 48 killed in a UN run school...

http://thestar.com.my/news/story.asp?file=...ec=Worldupdates