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Oil! Bloody Oil!


Mercury

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It's nerve jangling stuff this Bull market.  I don't like trading Oil much but it seems that every market is Oil at present...

 

I saw this article on the BBC,  http://www.bbc.co.uk/news/business-36092229

 

Seems Saudi, poor lambs, need a loan because of the low oil price.  There is a theory doing the rounds, I don't know if you have seen it, that the Saudi's and other sovereign wealth funds that are largely oil supported will have to start selling off assets to pay for their inflated social system.  If and when this happens they are likely to start with the most liquid and highest value assets and that means stock portfolios...

 

May it come sooner rather than later...

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Guest oilfxpro

better to use oil options , it can be very volatile  and chaotic 

 

find a set and forget strategy

 

it is fine ,when it is one side , but humans can not handle chaos

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