Rikk03

Just found this article ...... not sure how much is true. Secret Colorado Discovery If true property value there will rocket - just like it has in Canadian Oil Boom.

Two hours after i sold that brent at the day high, the price fell below 6000 so i bought again after which it went back up to 6040 within 25 minutes. Also went short on S&P for another £200 profit. Gold has gained so much on friday ....... im anticipating a big fall in gold next week (so i went short prior to close on Friday). All n all ..... a very good day.

IM still learning, in fact I owe much to you and this site, - im slowly building confidence (very cautious). I have certainly learnt a lot over the last 2 - 3 years from HPC where i spotted some of your posts with links to here - greenenergyinvestors. I found this site very useful for learning spread betting www.financial-spread-betting.com and im sure you all know well that here in the UK there is no TAX to pay on winnings. Ive come the conclusion that i can make more through spread betting than i can through property speculating or working 9-5 for someone else, although right now i just dont have time to do it properly. Yesterday was good because i had no work - day off sick, indeed i am seriously considering quitting to focus on spread betting. Im waiting a while so i can show a consistant bet history with a minimum gain of £1000 a week. Currently i get up at 5am to do daily research prior to going to work at 8am - browse the charts to get a feel for things prior to opening for the day, also read the upcoming daily economic events etc. One thing i find very difficult - and that is not being able to see the screen in the afternoon = no closing of positions until after 5pm.

Just closed my position on Brent crude, 80 points up for a profit of £1140, not bad for a £15 a point bet.

Not much movement in Oil overnight .... gonna keep my position throughout the day.

Interesting few days in terms of oil. Todays news paints an interesting picture. Oil prices plunged 70 points after this press release. http://www.fxstreet.com/news/forex-news/ar...b2-d9e96a31745e Read that article then consider this - I think the guys at the Opec meeting must have missed this. US DOE Inventories: Crude Oil out at 1180K vs. 2000K exp; Gasoline out at -2486K vs. -2375K exp; Distillate out at -2733K vs. -2075K exp; Refinery Utilization out at -0,23% vs. 0.50% exp. Now consider that Oil has dropped 70 points today. Seems like a very good buying opportunity (so i did buy). Is US economic data so weak as to prevent a bounce? Well, I will know by morning one way or another, the indice's look fairly optimistic for tommorow so I think it is good bet

Damn ...... nice find!! Looking at the cantor index commodities listing ....... Gold up +50 silver DOWN 65 ....... looks like Gold will lead the way for a Platinum and silver recovery on monday!!!