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Oil & Gas 01 (May 08 - Jul 08)
Re: Oil & Gas
by blid2def » Wed Jun 25, 2008 10:57 pm
Gold also fell down the stairs. Fishy leh... got rates increase tonight ah.
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Re: Oil & Gas
by kennynah » Wed Jun 25, 2008 11:14 pm
very unlikely, in my opinion....the stock market reflecting a very unhealthy view of the US economy...a raising of rates tonight may actually crash the equities... however, giving a strong emphasis on inflation fighting intentions may fuel further upside to equities...
in other words, talk of inflation and intention to fight it may give confidence to equities players BUT an actual hike, may be too soon too fast to be well accepted ...
difficult and great balancing act needed...
in other words, talk of inflation and intention to fight it may give confidence to equities players BUT an actual hike, may be too soon too fast to be well accepted ...
difficult and great balancing act needed...
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Re: Oil & Gas
by HengHeng » Thu Jun 26, 2008 12:26 am
only expecting hike in august or sept .. but what i'm waiting for is the hawkish sentiment .. in stocks .. which is currently priced in USD so double confirming it would lead to profit taking nia if no hike
Beh Ki Jiu Lou , Beh lou Jiu Ki lor < Newton's law of gravity , but what don't might not come back
In the game of poker , "if you've been in the game 30mins and you don't know who the patsy is, you are the patsy
In the game of poker , "if you've been in the game 30mins and you don't know who the patsy is, you are the patsy
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Re: Oil & Gas
by kennynah » Thu Jun 26, 2008 12:38 am
agree....if even more hawkish...oil shd drop further....and equities can continue to rally... but if same old same old...with no new hawkish tone (words), then i am afraid, this equities rally will be short lived...
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..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................
.(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).Investment Strategies & Ideas..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................-
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Re: Oil & Gas
by kennynah » Thu Jun 26, 2008 8:52 pm
remember Cindy Lauper's once #1 Chart Topper "True Colours"...
if u dont, below are the song lyrics
***********
26 Jun 2008 12:17 GMT
Oil prices rebound, as OPEC predicts fresh highs
LONDON (Thomson Financial) - Oil prices rose on Thursday, supported by risks to unrest in producer nations and a weak dollar, after sliding a day earlier on easing concerns about US energy supplies, analysts said.
The president of OPEC, Algerian Energy Minister Chakib Khelil, predicted Thursday that oil prices could rise to $150 to $170 a barrel during the northern hemisphere summer.
((truncated))
if u dont, below are the song lyrics
***********
26 Jun 2008 12:17 GMT
Oil prices rebound, as OPEC predicts fresh highs
LONDON (Thomson Financial) - Oil prices rose on Thursday, supported by risks to unrest in producer nations and a weak dollar, after sliding a day earlier on easing concerns about US energy supplies, analysts said.
The president of OPEC, Algerian Energy Minister Chakib Khelil, predicted Thursday that oil prices could rise to $150 to $170 a barrel during the northern hemisphere summer.
((truncated))
Options Strategies & Discussions .(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).Investment Strategies & Ideas
..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................
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Re: Oil & Gas
by LenaHuat » Thu Jun 26, 2008 9:21 pm
What a whopper, 1899 views on this thread.
I'm very bullish on oil (if U have been following my tots).
I'm very bullish on oil (if U have been following my tots).
Please be forewarned that you are reading a post by an otiose housewife. 
****@@
****@@-
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Re: Oil & Gas
by kolslorr » Thu Jun 26, 2008 9:35 pm
I have always thought Oil price is all speculative up till now, with no clear demand hike.... hence I am actualy bearish on it....
1) Saudi king has pledge increase in output on 22nd June..
2) With recession looming, wont there be any demand destruction? that eventually leads to oil price down?
3) With industries turning to alternative energy, like biofuel cars, etc, wont the price of oil come down too?
4) Hasnt the speculators earn enough liao?
1) Saudi king has pledge increase in output on 22nd June..
2) With recession looming, wont there be any demand destruction? that eventually leads to oil price down?
3) With industries turning to alternative energy, like biofuel cars, etc, wont the price of oil come down too?
4) Hasnt the speculators earn enough liao?
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Re: Oil & Gas
by HengHeng » Fri Jun 27, 2008 12:12 am
Well demand inelastic , supply limited ... how not to go up. Unless suddenly economy goes into depression and a series of deflation happens.
Beh Ki Jiu Lou , Beh lou Jiu Ki lor < Newton's law of gravity , but what don't might not come back
In the game of poker , "if you've been in the game 30mins and you don't know who the patsy is, you are the patsy
In the game of poker , "if you've been in the game 30mins and you don't know who the patsy is, you are the patsy
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Re: Oil & Gas
by kennynah » Fri Jun 27, 2008 1:41 am
but somehow...oil buay cheong leh.... 
~$138pbl Up ~$3.50
compare this to that day when it LIMIT up... what better night than tonight when the indexes all went to Hong Kong.. eur/usd up at 1.57...
真奇怪
~$138pbl Up ~$3.50compare this to that day when it LIMIT up... what better night than tonight when the indexes all went to Hong Kong.. eur/usd up at 1.57...
真奇怪
Options Strategies & Discussions .(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).Investment Strategies & Ideas
..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................
.(Trading Discipline : The Science of Constantly Acting on Knowledge Consistently - kennynah).Investment Strategies & Ideas..................................................................<A fool gives full vent to his anger, but a wise man keeps himself under control-Proverbs 29:11>.................................................................-
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Re: Oil & Gas
by HengHeng » Fri Jun 27, 2008 4:41 am
hit 140 liaoz.
Beh Ki Jiu Lou , Beh lou Jiu Ki lor < Newton's law of gravity , but what don't might not come back
In the game of poker , "if you've been in the game 30mins and you don't know who the patsy is, you are the patsy
In the game of poker , "if you've been in the game 30mins and you don't know who the patsy is, you are the patsy
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HengHeng - Permanent Loafer
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