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Posts by Anonymous "said":
what do u think of vitol trading
its a global energy trading corp
u have to understand the saudis position versus other cartel country position. the discrepency existing between oil producer country in term of cost of extraction is huge. even with an oversupply in the market SA will earn knowing that it extract at the level of 13 17 a barrel : 17 is for the latest oil field due to mainly MWD drilling and other geotechnics related costs.
vessel are waiting afoat to find takers physically on the market.
dispatcher are heavily involved in maintaining a close relation with emerging market such as korea india china to redirect the tanker they buy. they rr plenty of oil in the persian gulf waiting for a market.^^
excepted this boring stuff i am looking for a site that could offer a long term chart on the wti and brent. asad could u advise me one
thanks.
i believed it was 10 dollars
i totally agree with you
but taking the last train isnot a bad strategy to earn extra money.
by the way how much in dollar is a move of 0.01 in oil asad with cmc. i dont trade oil so i have a barely insight on it.
regards
if u go for a correction do u see a head and shoulders for hte dow
nok is subject to oil prices due to the fact i consider it a commodities currencies
what make it strong is the backing from teh state pension funds and the oil funds. i will rather try to go long nok vesus swedish krona excepted if the latest decide to increase rate.
try the regional pair such as euro swedish
ask ashraf
regards
got no clue on yen nok
but the 50pecent correspond to the 10300 level that means from the market tommorow at the 9200 level or wednesday , a thousand point.
dpnt trade side line pair but go where the money flow is
ask ashraf how important money flow is for market direction.
i agree that the market is overwhelming but dont sell the bull skin before killing it
if u want to wait on the side line for a period waiting the shorting opportunity it s up to u
but the market is gonna react not only to he treasury moves but also to china measures to allow foreign investment to go up to 1Bn
eh asad look kraft is buying cadburry chocolate and the drought in india has left the sugar market in a thirst. check whats happen in mayfair and the plantation.
argument it please
i need other sight