Hi readers
Here are the November dates, as always use them as an indicator to your own work .
All they show is the energy for the day .
2nd positive
3rd positive
9th positive morning turning negative in the afternoon
11th negative
14th full moon
15th afternoon positive
17th negative
18th negative
21st negative
22nd chopping around negative to positive
24th very negative lucky market is closed
29th New moon negative turning positive
30th positive.
In regards to oil as your all aware I'm part owner of a shale oil/refinery company.
Oil above $50 is always a sell and as I stated on Twitter we are short oil .
We are producing so much shale oil at the present time we are 40% over our own forecasted projections, and with price sitting at this level it's Xmas.
We sold all of next years production at $50.45 some 4 months ago and have re entered the market selling securing excess production last week.
We are refining shale oil so fast now that we are 28% quicker than was the case 11 months ago.
So our costs have decrease, profits up.
Buy beware of oil prices or oil stocks .
Like ourselves all shale oil companies are decreasing costs with more technology investment.
$22.12-$25.10 is cost of production/refinery/wholesale.
Current oil price costs are $46-$48 you do the maths.
This is one of the reasons why I refuse to invest in BHP until I see $12,And believe me it will come as they will disappoint going forward with losses they are continuing to incur in there energy division .
The market has this belief that the worst is over, astrology doesn't lie will see about that .
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