| Latest Forum Topics / Pacific Radiance |
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Pacific Radiance Turning Bullish.See Chart.
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bishan22
Supreme |
03-Dec-2014 20:26
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NEW YORK (MarketWatch) &mdash Prominent oil investor and sometime-renewable-energy booster T. Boone Pickens predicted Tuesday that the plunging oil price would rebound to $100 a barrel in the next 12 to 18 months. Pickens also said he expects the Organization of the Petroleum Exporting Countries will eventually move to slash oil production, possibly in the first half of 2015. |
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WinningStock
Senior |
03-Dec-2014 16:35
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    James Pang... Where are you.....What happen to the price??????? |
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bishan22
Supreme |
03-Dec-2014 16:18
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Selling not over for most of the OS counters. Dont get trap. |
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nqing87
Supreme |
03-Dec-2014 15:55
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lol where got ppl say money too much one.. rich wants to get even richer.. u know in china, kids aspire not to be doctor, lawyer, engineer, but to be officials.. they also know with power, wealth will come haha.. now dunno if this thinking still valid over there
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095049s
Member |
03-Dec-2014 15:43
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nice idea but they are rich enough no need this type of money
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earlybird14
Supreme |
03-Dec-2014 08:59
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Saudi target price range for killing shale oil and deepwater offshore oil is 70 to 75. Below this range, is not what they expect. Furthermore, oil price crash in 2008 is due to US economic downturn who is the world no.1 oil consumption country with 18Million barrel per day. This supply glut is about 2Mio more, compared to 91Mio Barrel per day. This supply glut is relatively small. We can rule out all the possibility that oil price crash to 40 dollar if same economic crisis is not happen down the road.
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nqing87
Supreme |
03-Dec-2014 08:57
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if i were the saudi, i will be probably secretly shorting oil price, then tell the world i will be releasing even more oil supply lol.. so oil  either up or down also wont kill them.. ppl with power are the ones who are rich for a reason.. i dont see any poor  leaders around the world if there' s any..
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earlybird14
Supreme |
03-Dec-2014 08:49
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Don' t know about Pacific Radiance. However, for oil price, just bear in mind OPEC haven' t cut supply. Although OPEC meeting will be arranged 4 month later, don' t rule out any urgent meeting if oil price cross 60.
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victortan
Elite |
02-Dec-2014 22:57
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Nw oil is gg dwn again, if u buy today , u got trap again. do u think 68$ is the bottom of this bear trend in oil when we know that 66% of the cause is due to low demand, and only one third is due to over supply. I think 55$ or worse case 40$ then oil will reverse, but that is my guess , I am no god, but definitely not 68$, it is still high. one may slowly nipple at oil counter again at 55$. I think i will only long when it is at 55$. buy slowly at this price. be go dwn or up from here. |
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victortan
Elite |
02-Dec-2014 22:48
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Dont be so exeurberence, the last time it head for 1$, it is back soon to near 80c. it is a bull trap, The current recovery is nothing more than short covering like i did yesaterday. But I will be shorting soon again anytime. join me. |
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pnuklis
Master |
02-Dec-2014 21:16
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Buy more stock from market and u can buy another Rolls Royce for your son |
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victortan
Elite |
30-Nov-2014 21:34
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Too much reading also got lost and confuse, Some say brk even is 50$ some say it is 30$ and so on. we really dont know, because those report too, i think they themselves hear that from some where. well, we cannot do anything abt the px of oil, but certainly we can lot more to our capital, and the fact is there are uncertainty in the px of oil and that mkt dont like uncertanity will push oil further south. so it is clear that oil n gas is set to go dwn further, not becos i shorted, i want u to sell, to think that we all here can move a counter is pure rubbish, I rather u sell and buy cheap later, the trend is so clear. if u still stay, when oil is 50$ (vy likely now) as mkt is vy pessimistic. this counter will be 60c/70c. my guess... inaction will do more harm, you can always get back in when oil reverse, but i m afraid that will be a long time, but during this time u can use that capital to other counter that will benefit fromn low oil. To make back yr $, isnt that a better move then u average dwn( not recommended) , better still do some short trade.     |
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victortan
Elite |
28-Nov-2014 17:25
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Dont jump in too soon, it could be a bull trap,,u see the other day close near a dollar, the nt day it was dwn heavy. it is not gg to be a straight line down. it is gg to bring lot of ppl like you with it.
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victortan
Elite |
28-Nov-2014 17:23
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Recession is at your doorstep. If not CB will not be in a hurry to cut rate.Look at Japan. Look at China. their economy is the 2nd and 3rd largest in the world, u know this or not? u think Spore vy handsome? wont get recession? LOL. A few month time u wait , u hold the baby for a long time. I m in luck, i mkae on both side of the Pacific Ocean, at wall st, and at SGX. long wall st, short Sillypore. |
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nqing87
Supreme |
28-Nov-2014 13:49
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wish u luck ba.. for me, for oil to continue sliding, need further new catalyst.. otherwise anytime can rebound.. we probably have different opinions about whether we will be facing serious recession over the next few mths, but at the end of the day, we are all here to share info & make money..
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victortan
Elite |
28-Nov-2014 13:24
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i am gg to long the short position till oil reverse up 10%,,hahaha...so u shd go open CFD..hear this before,gg find out before the dwn trend is over, but dont worry lah,, it will take months, with some bull trap along the way.
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nqing87
Supreme |
28-Nov-2014 13:07
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lol not fear or what la.. it' s  impossible to predict if got trading halt or not.. i dont want to pay fine for not covering naked shorts  & ended up having to cover few bids higher by sgx..
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victortan
Elite |
28-Nov-2014 12:59
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then u shd short , to profit, the American at wall st are ruthless, they will short oil to 40$, if u cannot beat them , u join them, why fear when the trend is now so clear? Just ask . up or down, likely.hahaha
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nqing87
Supreme |
28-Nov-2014 12:44
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what adding sorrow are u even talking about?? im not even vested> .<   i just dont short ' cos if i short, i will be doing naked short.. if halted, i die big time.. furthermore, for oil to continue dropping, will need new catalyst like confirmation of prolong eurozone recession, or other factors that continue to give public impression that global economy is not doing well.. now ECB like already hinting may act to " save" eurozone.. it' s like becoming betting to see if they got do things or not.. could go either way..
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victortan
Elite |
28-Nov-2014 12:35
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I just said this over at Ezion, the best time to short was a day before OPEC meet, the next best time to short is NOW !!! OPEC already come out to confirm this down trend in oil n gas sector,, American are retrenching worker already at hercules, soon u read it more cut work force. U wnat to wait to see this will be too late, It is not becuase I am short, it is because I am for real, so are you too. i hope u listen to my suggestion, i m no here to add to yr sorrow.
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