crude oil down

Caput Lupinum said:
Bought shares in Beach Energy, Senex and Cooper Energy today. Good times

Beach is up almost 100% in the 6-7 weeks I bought it at $0.40 to $0.78

Senex is up over 100% in the 6-7 weeks I bought it at $0.12 to $0.245

Cooper is up 33% in the 6-7 weeks I bought it at $0.145 to $0.21


clear said:
Why are you rushing to buy today.

whinfell said:
Beach Energy down 11% today - ouch :( Not so good times?

wrcmad said:
O turtle. You are dollar cost averaging whilst trying to catch a falling knife!
Tut tut. :P

^ Look at these bunch of slapnuts, all riding the short yellow bus and sh*t. And yes, I've taken some profits. :cool:
 
Caput Lupinum said:
Caput Lupinum said:
Bought shares in Beach Energy, Senex and Cooper Energy today. Good times

Beach is up almost 100% in the 6-7 weeks I bought it at $0.40 to $0.78

Senex is up over 100% in the 6-7 weeks I bought it at $0.12 to $0.245

Cooper is up 33% in the 6-7 weeks I bought it at $0.145 to $0.21


clear said:
Why are you rushing to buy today.

whinfell said:
Beach Energy down 11% today - ouch :( Not so good times?

wrcmad said:
O turtle. You are dollar cost averaging whilst trying to catch a falling knife!
Tut tut. :P

^ Look at these bunch of slapnuts, all riding the short yellow bus and sh*t. And yes, I've taken some profits. :cool:


its called dumb-luck and you got a result, even ignorant w_nker like you will eventually work that out. All the best your "the Man".
 
Caput Lupinum said:
Caput Lupinum said:
Bought shares in Beach Energy, Senex and Cooper Energy today. Good times

Beach is up almost 100% in the 6-7 weeks I bought it at $0.40 to $0.78

Senex is up over 100% in the 6-7 weeks I bought it at $0.12 to $0.245

Cooper is up 33% in the 6-7 weeks I bought it at $0.145 to $0.21


clear said:
Why are you rushing to buy today.

whinfell said:
Beach Energy down 11% today - ouch :( Not so good times?

wrcmad said:
O turtle. You are dollar cost averaging whilst trying to catch a falling knife!
Tut tut. :P

^ Look at these bunch of slapnuts, all riding the short yellow bus and sh*t. And yes, I've taken some profits. :cool:
:lol:
Slapnut?!!! :lol:

Caput, my comment was in regards to buying oil. :P :
Caput Lupinum said:
I'm prepared to buy in increments down to $20 a barrel in oil so I'm expecting energy shares to keep dropping. If oil drops below $20, I won't keep chasing it.

I stand by my comment, but you are quite welcome to slap my nuts anytime. ;)

Well done on the share purchases by the way. :)
 
clear said:
its called dumb-luck and you got a result, even ignorant w_nker like you will eventually work that out. All the best your "the Man".

Ignorant would be failing to seize an opportunity when it presents itself because you lack the knowledge to recognise it. Try broadening your education of markets beyond physical precious metals and you may even learn how to make a living from trading.
 
Caput Lupinum said:
clear said:
its called dumb-luck and you got a result, even ignorant w_nker like you will eventually work that out. All the best your "the Man".

Ignorant would be failing to seize an opportunity when it presents itself because you lack the knowledge to recognise it. Try broadening your education of markets beyond physical precious metals and you may even learn how to make a living from trading.


Cough cough!!!

When one got really burn!!! From trading shares. :lol:

I say Dumb Luck - Ass Luck Punter!!! :lol:
 
I read an interesting article regarding the problems faced by Saudi Arabia. If they continue consuming their reserves at the current rate, they will be out of money in 2 years. They need oil way above $50 to meet spending but the likelihood of it is small with the reality of so much mothballed shale oil projects coming back on line should oil rise that high.
 
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