How low can Zenith go? Planning to buy more units at N12.50k this morning.

What if this oil price war drags on for 24 months. I doubt if Saudi has the staying power for 24 months, I think Russia has.

emmanuelewumi:
What if this oil price war drags on for 24 months. I doubt if Saudi has the staying power for 24 months, I think Russia has.

No country has the staying power. It will ravage their economies, ours and many countries.

emmanuelewumi:
How low can Zenith go? Planning to buy more units at N12.50k this morning.

I believe it will touch 11.75 and probably reverse,though i may be wrong

chillykelly86:


Yes; if at all they touch those lows today, they may not close there. As it stands, GTB and Zenith should show us the direction

Dow still has more room to fall for it to hit 21, 700. So a further fall is very likely across the globe. Double bottom on the monthly.

So advance your chess pieces slowly because yesterday Dow index of 25K is not far from 21K. There is something I think 'they' are charting.

arduino:

Zenith and I by this time tomorrow

onegentleguy:


...this here, is not necessary my dear !!
Pls lets be more accommodating.

Like i've always said in times past; Both the BULL and BEAR mkt can make u money if u know ur way around it. ...but the latter, can deliver even more !!
The KEY is to look to assign a working STRATEGY to ur PERSONALITY and match it with ur INVESTMENT HORIZON.

Regards

Thanks bro.

Stock picking is like hunting. You get as close to the hunt to get a clean shot. But people prefer to stay far away and fire shots sporadically. Then we need to have large cache of shots. Who has such? We all have limited funds.

We are doing what the Japanese call " Just in Time" in engineering. Higher efficiency, reduced losses, more profitability, rest of mind

#JIT

emmanuelewumi:
How low can Zenith go? Planning to buy more units at N12.50k this morning.

It can go below that today, you might likely get it at #11.75 at the beginning of today business, but will likely reverse up before the closing of today business, those who will buy at the beginning of today business will get it cheaper. Many are trapped since Monday when all doors were closed down, and the door will be open today for them to escape, but they will only realise later that they have handed over to those who are greedy when others are fearful.

Crude oil will probably move up above $40 on or before next month. The current down tone is to get non-OPEC and USA attention to participate in the crude oil cut.

The question is, why the cut. They answer is to address the quantity China and some other countries corona virus visited use to buy. The news of corona virus will soon be a history, on or before May corona virus will be saying bye bye to the world.

China will be back to their feet, their companies will resume with full force, the quantity of crude oil those corona virus victims countries use to buy will be up again, and crude oil price will move back to $50/$60 if not $70.

The question here is, apart from news of fall in crude oil price, does Zenith, GTB, UBA, Dangote sugar e.t.c has any problem? The answer is no. Buying any company now is buying at bonanza offer.

Crude oil price now is at $37.93.

For your business loan, kindly call Yinka on 09057031333. The interest is just 1.50% monthly.
From a satisfied customer.
Their company are way better than Sokoloan who charge 40% interest within 10days.

The banks may not have problems in the immediate but if the problem persists they will soon be hit.

Chibuking81:

It can go below that today, you might likely get it at #11.75 at the beginning of today business, but will likely reverse up before the closing of today business, those who will buy at the beginning of today business will get it cheaper. Many are trapped since Monday when all doors were closed down, and the door will be open today for them to escape, but they will only realise later that they have handed over to those who are greedy when others are fearful.

Crude oil will probably move up above $40 on or before next month. The current down tone is to get non-OPEC and USA attention to participate in the crude oil cut.

The question is, why the cut. They answer is to address the quantity China and some other countries corona virus visited use to buy. The news of corona virus will soon be a history, on or before May corona virus will be saying bye bye to the world.

China will be back to their feet, their companies will resume with full force, the quantity of crude oil those corona virus victims countries use to buy will be up again, and crude oil price will move back to $50/$60 if not $70.

The question here is, apart from news of fall in crude oil price, does Zenith, GTB, UBA, Dangote sugar e.t.c has any problem? The answer is no. Buying any company now is buying at bonanza offer.

Crude oil price now is at $37.93.

BOE in a surprise rate cut by 50% at LSE open....

After all this cut by Central banks...whats next

....

stcool:
BOE in a surprise rate cut by 50% at LSE open....

After all this cut by Central banks...whats next

RabbiDoracle:


The headwind is still there.

This is to prepare for what the Fed, ECB, BoJ, BOE will do next week.

They will be tempted to act irrationally next week. So flood the world with liquidity.

Nothing should surprise you. It was expected

Others are coming.

Your aim should be to read their moves in advance.

They want to share the money.

stcool:
BOE in a surprise rate cut by 50% at LSE open....

After all this cut by Central banks...whats next

Cheap loans. Later excess money everywhere to spur spending. Later money go divert go other places. Bid up everything around the world. Printing unlimited.

After every, money go dey useless and we are back to the stone age.

There is panic and they will act irrationally. So chop your own.

RabbiDoracle:


Cheap loans. Later excess money everywhere to spur spending. Later money go divert go other places. Bid up everything around the world. Printing unlimited.

After every, money go dey useless and we are back to the stone age.

There is panic and they will act irrationally. So chop your own.

This is a panic button. We still have a long road to recovery. People are betting strongly on SP 500 reaching 2200 before finding a bottom

Saudis is not ready to surrender in this battle for oil production. They are pumping like hell...

Saudi Aramco asked to boost oil output capacity to 13 million bpd: CEO

https://www.reuters.com/article/us-saudi-aramco-output-capacity/saudi-aramco-asked-to-boost-oil-output-capacity-to-13-million-bpd-ceo-idUSKBN20Y0PO

Godisfaithful:


This is a panic button. We still have a long road to recovery. People are betting strongly on SP 500 reaching 2200 before finding a bottom

From what I can see o,

It needs to hit 2,345 or below.

Dow needs to go to 21,700 or below.

RabbiDoracle:


From what I can see o,

It needs to hit 2,345 or below.

Dow needs to go to 21,700 or below.

It might go below that. I trade options and someone just loaded almost $67+ million options on SP 500 falling to 2200. Just watch Dow Jones @ 20,000 sooner than expected

locodemy:
See as everyone keep silent collecting information for free.Why not appreciate oga Oracle by liking all those posts........

Done that boss.

Godisfaithful:


It might go below that. I trade options and someone just loaded almost $67+ million options on SP 500 falling to 2200. Just watch Dow Jones @ 20,000 sooner than expected

I want to see Dow do 21,700 first. After that I will check again. That is the last leg that I can see. Then maximum panic sets in.

Any rebound is just liquidity driven and has nothing to do with unsolved events.

This will tell the world how awashed earth is with liquidity.

My good friend @NorthEastern has not been talking in recent times.

Bro, hope all is well?

Godisfaithful:


It might go below that. I trade options and someone just loaded almost $67+ million options on SP 500 falling to 2200. Just watch Dow Jones @ 20,000 sooner than expected

People place orders for different reasons.

Nor be everybody wey dey waka fast for road get business meeting to catch. Some na belle dey worry them.

The person that put on that trade just might be hedging some other open (already running) trades.

RabbiDoracle:


I want to see Dow do 21,700 first. After that I will check again. That is the last leg that I can see. Then maximum panic sets in.

Any rebound is just liquidity driven and has nothing to do with unsolved events.

This will tell the world how awashed earth is with liquidity.

Sir u have been doing a great work here. please never hesitate to inform us the rookies the right time to jump in. I am interested in Gtb and Dangote sugar. please very important. Though I am losing in many of the stocks I have, all the same.

Novice Question:

If I buy a stock before it's closure of register do I need to keep it until the payment date to get the dividend or can I sell it before the payment date?

locodemy:


Pray that God will give him more insight o.

He is one of the pioneers of the forum.

His words are bitter truith that finally come to pass.

i c

Fully Loaded....fired up and ready to go...

Why isn't Dangote Cement dropping? Is our friend Aliko manipulating his share price?

Brent has a possibility of breaking 27.

Im wondering what news will cause this to happen.

I think that is the period of maximum fear.

RabbiDoracle:
Brent has a possibility of breaking 27.

Im wondering what news will cause this to happen.

I think that is the period of maximum fear.

spike in coro in US and it lethality

US closing down a major city (new york / washinton/ houston/ calif)

A major politcal figure down with coro

Russia response to the oil price war

Fed playing chicken by not lowering further

combination or all of above

choose ur poison

I think this is good for Putin
Somehow, both would agree.

Godisfaithful:
Saudis is not ready to surrender in this battle for oil production. They are pumping like hell...

Saudi Aramco asked to boost oil output capacity to 13 million bpd: CEO

https://www.reuters.com/article/us-saudi-aramco-output-capacity/saudi-aramco-asked-to-boost-oil-output-capacity-to-13-million-bpd-ceo-idUSKBN20Y0PO

Single offer of 178m units of gtb at N18 Single bidding of 500k units of gtb at 19.95

Some pple ready to hit zee this morning ..we see how far soon