MRM 0.00% $2.69 mma offshore limited

Thanks Barra, relative strength looks good , they knock it down...

  1. 443 Posts.
    Thanks Barra, relative strength looks good , they knock it down , gets straight back up . Guppy says the bottom is about 4700 , but should hold at 4800 or so , I think a change in oil price is very close as the headline price of $32 means some heavy sour oil from mid east like Basra heavy would only bring $20 or less . Surplus reserves have to move first . Also Saudi debt is growing at a much faster pace with the Saudis now considering an IPO for Aramco worth $1.5 trillion . One may be forgiven for thinking this folly is now taking a massive toll on the Kingdom....... Your thoughts please
 
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