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<blockquote data-quote="BlackCat" data-source="post: 350005" data-attributes="member: 565">That was why I was seriously &#039;charting&#039; the last 6 or so months...And like I said earlier, its more like a 6 to 18 months term... But I have some that would be played &#039;long&#039;, esp in the energy sector. That, I can wait for 36 to 60 months and even longer. This cycle would see the light of day way before that period. Upside &gt;300%! Downside 100% How much lower can the Brent go? If it does go lower, than thats good so I can buy more n avg down my cost waiting for that up swing! When it was first said that crude would be &gt;USD100/bbl, the poor guy got &#039;shot&#039; down! Do you seriously think the price would stay at USD45/bbl for another 3 years and that we still pay RM1.80/lt of premium till 2013? Dream on... I am not even surprised if we end up paying in access of RM3.0/lt by then. Having said that, I am not a &#039;sentimental&#039; investor. I can throw my stocks &#039;on-the-run&#039;, been there and done that... No regrets, let some other people make the extra bit as long as I&#039;ve locked mine.BlackCat</blockquote>

[QUOTE="BlackCat, post: 350005, member: 565"] That was why I was seriously 'charting' the last 6 or so months... And like I said earlier, its more like a 6 to 18 months term... But I have some that would be played 'long', esp in the energy sector. That, I can wait for 36 to 60 months and even longer. This cycle would see the light of day way before that period. Upside >300%! Downside 100% How much lower can the Brent go? If it does go lower, than thats good so I can buy more n avg down my cost waiting for that up swing! When it was first said that crude would be >USD100/bbl, the poor guy got 'shot' down! Do you seriously think the price would stay at USD45/bbl for another 3 years and that we still pay RM1.80/lt of premium till 2013? Dream on... I am not even surprised if we end up paying in access of RM3.0/lt by then. Having said that, I am not a 'sentimental' investor. I can throw my stocks 'on-the-run', been there and done that... No regrets, let some other people make the extra bit as long as I've locked mine. BlackCat [/QUOTE]

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