The Dow down down 268 pts - 17533
Copper Down $3.40 to $2.89
AUD steady at $0.83 US
Oil bloodbath Nymex trading at $61.19 after Saudi oil minister stated Uncle Ali stated "Why should I cut production?" with Iranian official quoting that if OPEC unity breaks down oil prices could drop to $40/barrel. But if Uncle Ali keeps up that unity message who needs friends?
What will the market do today - methinks it will sh8t itself. Where can TGS go from here.
Time to re-assure the market.
They have most recently stated that they continue to produce at nameplate, so how about releasing good Oct / Nov production stats.....
Also they need to get a hurry on with those aisc budgets.
It will be an interesting day at the AussieSlaughterhouseXecution House.
Time to put the helmet and flak jacket on, I can hear the first salvo approaching...Incoming......
bltah
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