STO 0.98% $7.19 santos limited

... ... (My Prediction today went pretty well (as per script oil...

  1. 13,234 Posts.
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    ... (My Prediction today went pretty well (as per script oil stocks got hammered)
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    SIX Months is a Old History in Share Market. Since then Santos gone to $5/Share Plus then retracted back to 3.20's range (60% Drop). Oil Search went to $7.70/Share then retraced to 6.20 (25 % Drop)
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    ... ONE NEED TO KEEP REFRESHING HIM/HERSELF ON WEEKLY BASIS. Long term is fine but one need to have Fat Pocket for that.
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    In SHORT TERM This is what I feel ... Chance of OPEC agreeing on anything is ZERO. ME Monarchs are Dysfunctional and will remain forever.
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    All depends how Uncle Sam (i,e DOW JONES) perform during next 6 weeks. My bet is Major Correction is Imminent.
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    Historically, Christmas is a Dull Period as Fund Manager starts rearranging their Weight for each Sectors
 
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