re: re:smell that oil the drill tick tick tick It's the end of the spike and will drop and hold at around 9 I suspect.
Oil futures just dropped SHARPLY based on the US announcement that they have 2 x as much as they thought they had in reserves, this and the rising interest rates have hit the resources sector across the board.
I bought DLS at 6.3 and sold up to 9, shoulda sold up at 12 but hey, thats the breaks
Now only holding Norwest waiting for the spud at magnolia
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