yep, that's why you should never hold 'stop losses'. how many of those have been triggered over the past week ? again it's the smaller punters who wear the pain.
all bad news out of the way and blue sky ahead.
poo back at $62
uk / china oil production increasing
angola spud only two months away - retain 60%, spend of about $86 million, 80,000 man days of effort - they must surely be confident of a gusher in angola. sp must surely rise to $3.60 - $3.80 in anticipation (assuming status quo on poo and world markets).
why such a big drop, page-40
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