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- synicz replied Feb 1, 2018
I might get flammed for this but I don't think that its neccessarily a bad thing... Seeing the leverage used by some members around here scares me...
- synicz replied Jan 26, 2018
I agree with mihrutkanik, shorting oil is hardly the right thing to do now. Even if prices does not seem to be able to move up. OPEC will want prices to stabalise around this range. At $35, it is hardly enough to profit. Thats why OPEC reduce their ...
- synicz replied Jul 26, 2017
Seems to me that prices are ranging around the 50.5 mark. A breakout in either direction is a strong signal to long/short. Although oil traders seems to be focused on the increased cuts and inventory drawdowns. I believe there is still downside risk.
- synicz replied Jul 20, 2017
Seems better to stay on the sidelines now than to enter the oil markets.
- synicz replied Jul 7, 2017
I was actually thinking along the same lines but slightly more optimistic about how low price could go. I view that with the current supply glut, prices could break the 42 support and actually gun for 30
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