About OIL and GOLD
Last Thursday night, I wrote to the GROUP:"Oil & gold pulled a 4weeks-low, 7 weeks-low today. FTO dropped to 32.xx. WNR dropped,too. But I think oil/gold could bounce soon. So today I tested buying some oil and gold stuff. IFNY & OMNI were added before market close".
Last Friday morning, I bot GSX @2.52 with a target at @2.88-3. It reached 3.05 in the afternoon & closed @2.95(+22.9%). Oil/gold, by market close, bounced as expected.
CHID is also an energy play together with IFNY OMNI...etc. I feel like that IRAN nuclear Issue will be the hot topic from later on. So oil/gold would be limited on the downside in the forseeable future.
Last Friday morning, I bot GSX @2.52 with a target at @2.88-3. It reached 3.05 in the afternoon & closed @2.95(+22.9%). Oil/gold, by market close, bounced as expected.
CHID is also an energy play together with IFNY OMNI...etc. I feel like that IRAN nuclear Issue will be the hot topic from later on. So oil/gold would be limited on the downside in the forseeable future.
posted by Blue @ 8:34 AM
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