Yes very nice. I was watching 3 weeks ago the contracts between Ukraine and Germany more so.
The Ukraine lost the war a long time ago, so now its desperate, Trump has said numerous times "let it go"...its a flea on a dog as far as economics are concerned.
Now if Russia were to bomb the pipe line as it does not really need it in Ukraine, so earning Gasprom $5.4B pa and without it earning $9.8B pa, bombing it to a forever nature makes good economic sense, hence the war in Syria and the Turkish pipe line which I eluded too a few weeks ago, if that were to be put out of action as well....oil is well above $100 PB.
The Turkish pipe line is more of a metric than the option/put/call.
How ever your home work is well to be taken into account.
Prove you wrong, meh, im holding until this week. At what point im not so sure, but it's been a good bottom up trade. Im also holding my REITS.
What interests me is the futures are not moving by way of China as yet, so that could be a good trade as well.
For example, mathematically of course, Alibaba.com PE ratio of 8.5 which equates to 1/8 = 11.6%. And that is a below average of major internationals within China that is immune to US Tarrifs.
The higher the WDS pricing ratio of course the less the % div along with increased risk of return.
From now until DIV play, it's a life time for markets these days.
Trades at the moment are week by week.
But from where most energy plays are concerned, they are still well undervalued.
Saudi at any point now could turn on taps, Angola is testament to that where now they pay $0.35 c p litre and that jumps to 4 times with an economy of 54% unemployment, so they will be turning on the taps as much as they can in 2 weeks. They dont give a shit about OPEC. Venez as well, turning on taps.
Equities at the moment world wide in my 40 years of trade has never been this tough. Ive never seen it this bad.
It's almost time to just go cash and wait for the fall out. When that happens, who knows, but the amount of money that will be made after the fall out will be historic to the point of what I see mathematically that of the Ottomans being Brics and the Byzantines being USD.
I know more money than I would ever achieve in 10,000 life times are placing their bets on it...im not so sure...so I will wait and see with the cash that I have going forward.
Thanks for your comments.
RDD
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