Investing

is now the time to invest in oil stocks?

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  • Feb 16th, 2019 3:09 pm
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Member
Nov 8, 2009
362 posts
64 upvotes
masterhapposai wrote:
Mar 20th, 2015 6:31 am
From what I understand : Rate hike slows an economy getting out of control with its inflation. The USD is tied to performance of the U.S economy in respect to other countries. A sudden spike in interest rates would slow down economic growth.

Just being interpreted as "possibly not raising interest" caused the USD to slide down that day: only because it meant signs of a poor economy. But, the USD roared back due to no economy gate in place (high interest rate):
http://www.marketpulse.com/20150318/usd ... vish-fomc/
A rate hike will always in the short term lead to increase in currency. What your describing is if they had a ton of rate hikes that brought the economy to a standstill. That will never happen. So your theory doesn't hold any water. Even if it did your talking at least 2-3 years away
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Jul 19, 2003
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Jeenyus1 wrote:
Mar 20th, 2015 9:55 am
No way to be completely sure, but I'd sure as hell wouldn't get caught starting any new bull positions here.
+1

USD fall is clouding value
Deal Addict
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Oct 26, 2008
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Jeenyus1 wrote:
Mar 20th, 2015 9:55 am
No way to be completely sure, but I'd sure as hell wouldn't get caught starting any new bull positions here.
I'm with you but those who rolled over their contracts must see something else that we don't. Only thing I can think of is summer demand and oil refineries operating again. Might be enough to cause a short term spike imo.
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Oct 9, 2008
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Thornhill
masterhapposai wrote:
Mar 20th, 2015 10:08 am
+1

USD fall is clouding value
A new short position started right at $47.00 with "R" of 0.40c should be a good trade.
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Jul 19, 2003
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Jeenyus1 wrote:
Mar 20th, 2015 10:11 am
A new short position started right at $47.00 with "R" of 0.40c should be a good trade.
I would've put my "R" at $3 :lol:

Have to think more conservative...
Sr. Member
Oct 16, 2008
907 posts
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Toronto
Jeenyus1 wrote:
Mar 20th, 2015 10:11 am
A new short position started right at $47.00 with "R" of 0.40c should be a good trade.
Too bad it won't touch $47 today
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Jul 19, 2003
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Pho6 wrote:
Mar 20th, 2015 10:19 am
Too bad it won't touch $47 today
may be right because USD fall is propping it up very temporarily:
"The Fed is less supportive of the dollar, but the dollar's bull trend is built on more than just the Fed," he said. "I still think parity with the euro is still achievable. It's difficult to see the euro gain any momentum with the ECB buying $3 billion in bonds every day and Greece is still unresolved."
Member
Jul 1, 2009
364 posts
53 upvotes
Coquitlam
bought Dwti yesterday, *****.. lol. think im gonna hold it til next week
Sr. Member
Oct 16, 2008
907 posts
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Toronto
going bear this morning would've been good. going down already
Sr. Member
Oct 16, 2008
907 posts
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Toronto
saugadealhunter wrote:
Mar 20th, 2015 10:47 am
To sell HOU now or not. That's the question. :|
I sold. 2.5k loss for an education.
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Feb 7, 2008
1519 posts
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Toronto
Pho6 wrote:
Mar 20th, 2015 10:43 am
going bear this morning would've been good. going down already
you bought HOD? what is your net profit/loss on hou/hod so far?
Sr. Member
Nov 22, 2012
655 posts
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NORTH YORK
Pho6 wrote:
Mar 20th, 2015 10:47 am
I sold. 2.5k loss for an education.
My gut says to hold and wait till today afternoon or Monday but I'm also worried about what Jeenyus1 and Si98 said about a possible "flash" slide downwards.
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Oct 26, 2008
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saugadealhunter wrote:
Mar 20th, 2015 10:49 am
My gut says to hold and wait till today afternoon or Monday but I'm also worried about what Jeenyus1 and Si98 said about a possible "flash" slide downwards.
The bulls seem to be in full control this morning. Doesn't seem like the bears are capable of fighting back for the rest of the day. One thing for sure, I wouldn't want a bear's fangs attached to my neck, LOL.

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