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13/05/15
00:06
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Originally posted by Amused observer
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JC,
Nice to hear from you.
Both DOW and MTS bounce in a price range that is easy to identify and profit from. TLS also did this for a long time as well. Was a nice safe way to short term trade on the side.
I agree, as a long term punt I will back DOW everytime but we have been down this path...
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Queensland is a worry though to DOW.
Enormous sovereign risk with Palaszszuk now propped up by a fella with an evidentiary history of alleged domestic violence against women.
http://www.abc.net.au/news/2015-03-...-second-woman-accuses-mp-billy-gordon/6360860
http://www.skynews.com.au/news/poli...d-mp-to-address-domestic-violence-claims.html
Deals with CWN being mooted, Adani mining being attacked based on xenophobia and anti-CSG witchcraft going on, Queensland is starting to look like the place to avoid doing business.
Unless His Excellency Governor Paul de Jersey stops the clock on Palaszczuk, DOW could become affected by a QLD State Government's failing. Queensland is already carrying the geopolitical risk of its neighboring Government up in Papua New Guinea on certain projects i.e. Adani coal mine etc.
Last edited by
JCoure :
13/05/15