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  1. #1341
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    Quote Originally Posted by Jinx View Post
    Oil down, Good sentiment in the US last open, big sp drops yesterday.
    Can't see today being down.
    Well there you go - down 11 for the day. Stocks in free fall have nothing to do with US sentiment or oil and have everything to do with nervous buyers and fearful sellers.

  2. #1342
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    Quote Originally Posted by Nasi Goreng View Post
    Well there you go - down 11 for the day. Stocks in free fall have nothing to do with US sentiment or oil and have everything to do with nervous buyers and fearful sellers.
    "nothing to do with US sentiment" how do you explain the fearful and nervous people then? If last night there was the best performance recorded on the S&P500 do you seriously think Nzr would be down 11 points? Fair on calling me out for being wrong but every market is connected and every fearful seller and nervous buyer take note of how the US performs

  3. #1343
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    I don't want to get into a big debate here but I don't agree with what you are saying.

    If the Dow was up or down 300, then yes it tends to impact foreign markets quite a bit and most stocks will rise or fall... but within a market are stocks that are trending higher and some trending lower and they just want to go in that same direction more often than not.

  4. #1344
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    Quote Originally Posted by Sideshow Bob View Post
    the link is not for Singapore margins so is incorrect, nz refining base there margin on platts data out of Singapore
    one step ahead of the herd

  5. #1345
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    Quote Originally Posted by Nasi Goreng View Post
    Well there you go - down 11 for the day. Stocks in free fall have nothing to do with US sentiment or oil and have everything to do with nervous buyers and fearful sellers.
    True just like Air currently but it will turn in due course.

  6. #1346
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    Quote Originally Posted by couta1 View Post
    True just like Air currently but it will turn in due course.
    Next week margin/throughput report is key in my opinion.

  7. #1347
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    After reports. Should see something better comming. Next report

  8. #1348
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    Certainly not afraid to add more.

  9. #1349
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    Quote Originally Posted by golden city View Post
    Any one know what is the Singapore margins now
    my opinion rough est march/april around 5 has fallen more in may due to excess supplys and weaker product cracks so generally weaker fundamentals could explain weaker share price last week and the expectation of a lower throughput report for march/april.

    by my calcs rough and guessing of course npat running around 55 - 60m for the yr so far? well down on last yr
    one step ahead of the herd

  10. #1350
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    so would look expensive at these prices?
    one step ahead of the herd

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