AED 0.00% 14.5¢ aed oil limited

sydney,ur post indicates that you have very little understanding...

  1. 1,950 Posts.
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    sydney,
    ur post indicates that you have very little understanding about O & G stocks so it is probably just as well that u sold out of AED.

    Thanks for ur advice about following the SP movement as the answer to what I should do in the market but I'll stick to my own techniques which are not quite as simple.

    The fact that u are having difficulty moving on after ur decision indicates to me that u may be unsure if u have made the right decision. On the evidence to date I'm predicting that Lempuyang will be a commercial well but obviously the SP tells u that it won't be. In time we will see who got it right.

    In the meantime I don't expect the SP to appreciate much but I do wonder what u would do if the SP jumped 10c. Would that tell u that u should jump back in?

    ANZ
 
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