Gave you more credit than that, don't go judging, it isn't becoming of a trader.
Thinking one's standards are any better than anyone else's is not the way to go.
It's not like they have invaded other countries and killed hundreds of thousands in the name of whatever someone at university has put together in their desertion right! It's not like executions don't take place all the time usually without any court in the US or UK right?
I'm no Saudi, but I do look beyond the headlines.
Anyways the trade is oil, everything else is politics and above most people's pay grade.
Beheading people is wrong full stop. I have opinion's and I'll stand by that one.
My point was the US make a big fuss about other countries beheading people and how wrong it is but the US says nothing publicly when the Saudis do it.
And your right the trade is oil.
Last time I thought it was worth a punt it was $33 and that was 7 years ago.
$20 dollar oil certainly.....$10 will precipitate financial melt down (not the price itself but interventions from Govts eg Russia). The worm will turn at some stage..
Who do you think the Saudi's are putting in their place? It is the Russians. Doesn't look like anyone else or NATO has the balls to stand up to them so they are dropping the price to burn their ****.
It is like fighting the Fed right?
Looking at a bounce from the FTSE 5850 level(pre-market) up to 5920 - 30 followed be slow bleed down. Lets see.
Dax really wants to rally.
dow is up 30 from being down 70.may be the reason?
Looking at a bounce from the FTSE 5850 level(pre-market) up to 5920 - 30 followed be slow bleed down. Lets see.
Dax up 300 points from 7.30 this morning after a 1,000 point drop. Still some more to go but maybe a little break first.