3.70 next for me and yes broke thru resistance
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can the snow ball keep rolling
I forgot to mention snaps I had to sell some at 3 because I borrowed against the house lol so I had to reduce the margin the longer you hold less profit for me more for bank
Totally agree - very high risk strategy - you can lose more than you own if it goes wrong
heres a link if don't understand the risks of margin trading http://www.investopedia.com/universi...in/margin4.asp
or perhaps ask some Chinese stock market players how there margin accounts are fairing
Oil prices keep falling
looks like the price hit fib projection resistance at 3.15 see if can hold above 3 sold some more at 3.15 was way over brought in my opinion short term
also Chinese stocks plummeting again doesn't help I will post some margin figures on week end to show Singapore refinery margin against nzr margin see what I mean about decline last week
3.26 is the resisitant
still got chance to break it over