Its amazing how the price of oil can have such a negative effect on Financial markets around the world.
There would be plenty who are enjoying this low price. Airlines would be loving it. Anyone who drives a car would be enjoying the extra dollars they have in their wallets because of this opportunity.
It's cast a negative blanket right across the share market. Tech stocks that have been going gang busters of late are all coming down and volumes have dried up considerably. The market appears to have lost it's way for the moment. No one is quite sure what to expect next.
If I did not know any better I would think Xmas has already arrived and everyone has gone away for a few weeks and enjoying a well earned break.
Anyone who has been an active participant in the market over a long period of time knows this feeling and also knows that it's part and parcel of what investing is all about.
The good times will come again. Don't let it get you down. Life is too short.
Just think about that turkey for Xmas just around the corner.
Cheers.
LNG Price at posting:
96.5¢ Sentiment: Buy Disclosure: Held
