WDS 1.85% $24.93 woodside energy group ltd

Oil Crash, page-131

  1. 34,628 Posts.
    lightbulb Created with Sketch. 896
    Too busy trying to jump on BP, I never like buying at market. In liquid markets (ASX is not most liquid mkt globally), buying is difficult given vol, swings & bots (algo trading), retail holders need to be close to market to even put trade on. Chevron, BP, RDS SPs all indicate sellers r giving them away, sellers r very silly, shorters very risky (don't know how they make margin when bet goes wrong way) & buyers too often MO on buys at the bottom due to reacting FOMO when SP has already run & done bolt up to Fair Value for month IMHO. When u sense fear (now in O&G), u buy then, may not get bottom but u always get close to bottom & sell whenever gloaters start gloating & Motley Fool starts picking ur stock as a winner.
 
watchlist Created with Sketch. Add WDS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.