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A Focus On The Trade In Oil

Cory
April 30, 2019

Doc joins me today to share his thoughts on the oil market. We look at the monthly chart and outline the range price could trade between to the fourth quarter.


Discussion
9 Comments
    Apr 30, 2019 30:03 PM

    Doc, what do you think about Balmoral resources BALMF and Skeena ?

      May 01, 2019 01:11 AM

      Pardu, I own them both not because of fundamentals but just on a technical basis. I’ve been nibbling at Balmoral for over a year now and will add my last tranche soon. It’s definitely now washed out. I won’t purchase Skeena here and chase the move up since I feel there is a very good chance it retraces it move up recently back to its’ level when it made that move. As mentioned again, I don’t hold them because of any raving fundamentals but just as a speculative play since they’re very “cheap” so as to speak. Of course, they could become cheaper if they have to raise more money and dilute their shares but they’re just a cheap gamble here for me on the chance we finally break out in the gold price.

      Apr 30, 2019 30:41 PM

      Trump not off the hook. Hasn’t been off the hook. Read the report.

      Apr 30, 2019 30:16 PM

      Dang, …you always come up with some great info………..jmo………thanks for posting

    Apr 30, 2019 30:42 PM

    Now you see the picture a bit more clearly?
    😉

    Apr 30, 2019 30:48 PM

    Indeed……… 🙂

    Apr 30, 2019 30:28 PM

    Hey Ex,here’s a good little write up about pots

    https://seekingalpha.com/article/4257822-bak-portfolio-playi