Thursday, December 25, 2008
Post No. 560
FLASHBACK..
"Post no. 470
Let me share with you the nitemare that i had last evening.
If Dow doesnt hold at 9998 and STI dont hold at 1998, then 7000 and 1200 is the next support level.
To be frank... that would be really disastrous.
WHY?
Because i wont have bonus to buy my D300 / D700. =(
On the bright side, Crude Oil prices is below $90. On track for the $70 mark. BUT...if the equities market is anything to go by... the days of $30 may be here soon.
I once told a friend over steamboat that the equities market is ahead of the general world economy climate by about 6 months...
Good luck guys.
Regards
Silver Lining beyond the Dark Clouds."
The crude oil prices are at 35USD now. =)
Suddenly everyone is saying that crude oil prices can go as low as 20 USD. What happen to the 200USD prediction?
Just to share something with the newbie drivers who only gotten onto the road over the past year or so..
Back in 2002.. when crude oil prices were at 35USD, Caltax/Esso were retailing their 95 RON petrol at $1.10. & Sooo... you think that $1.43 for a litre of 95 RON petrol is cheap? Think again?
With better refining margins and technological advancements in crude oil extraction and distillation... The increase efficiency should have been able to offset inflation over the years. But that obviously didnt happen.
Might as well... else did all our unscrupulous merchants find reasons to raise their prices??
Regards
Cant do anything citizen.
"Post no. 470
Let me share with you the nitemare that i had last evening.
If Dow doesnt hold at 9998 and STI dont hold at 1998, then 7000 and 1200 is the next support level.
To be frank... that would be really disastrous.
WHY?
Because i wont have bonus to buy my D300 / D700. =(
On the bright side, Crude Oil prices is below $90. On track for the $70 mark. BUT...if the equities market is anything to go by... the days of $30 may be here soon.
I once told a friend over steamboat that the equities market is ahead of the general world economy climate by about 6 months...
Good luck guys.
Regards
Silver Lining beyond the Dark Clouds."
The crude oil prices are at 35USD now. =)
Suddenly everyone is saying that crude oil prices can go as low as 20 USD. What happen to the 200USD prediction?
Just to share something with the newbie drivers who only gotten onto the road over the past year or so..
Back in 2002.. when crude oil prices were at 35USD, Caltax/Esso were retailing their 95 RON petrol at $1.10. & Sooo... you think that $1.43 for a litre of 95 RON petrol is cheap? Think again?
With better refining margins and technological advancements in crude oil extraction and distillation... The increase efficiency should have been able to offset inflation over the years. But that obviously didnt happen.
Might as well... else did all our unscrupulous merchants find reasons to raise their prices??
Regards
Cant do anything citizen.
# posted by 好人 @ 7:24 AM 
