Based upon reaction to today great news, i will have to admit it is and a lot.
Texas Oil went form a 1,20$ gain to a 20 cents gain in about 15 minutes......
Sure looks like traders are in control of it and would tend to think the same for gold.
Now, how to beat them?
I will continue to do some bottom fishing on companies like MEG-TO and SU-TO as even if they are not highly profitable at those oil price level, it is my opinion that this could not go forever.
As far as i am concerned, MEG for example has hit an all time low and seems like a bargain at this price.
Will it go lower ? Could be but i think the bottom as been reached and some nice buying could be on it's way.
Do your own DD
Texas Oil went form a 1,20$ gain to a 20 cents gain in about 15 minutes......
Sure looks like traders are in control of it and would tend to think the same for gold.
Now, how to beat them?
I will continue to do some bottom fishing on companies like MEG-TO and SU-TO as even if they are not highly profitable at those oil price level, it is my opinion that this could not go forever.
As far as i am concerned, MEG for example has hit an all time low and seems like a bargain at this price.
Will it go lower ? Could be but i think the bottom as been reached and some nice buying could be on it's way.
Do your own DD
Aucun commentaire:
Publier un commentaire