We need to check the days till next week to see how the OIL works.
The OIL service works similar to OIL.
I will wait till then to see if we can build a big long position.
I sold my UWTI at 21 ps.
I am not taking risk on OIL any more.
I don't think OPEC can have proper action after their stale meeting.
I want to see OIL push down to 36 from now.
I would not take a lot of money to trade that decline.
The Q2 brings VRX to live and then criminal investigate, the price would go deep down tomorrow with suspecious crime and spx500.
I think we need several days to unravel the stuff.
I would probably buy a long(2 years maybe) position here. The upside looks so beautiful because a missed Q2 can pop for 20%+. Another reason I want it is that it is over shorted,...
It looks like after several days correction, NGAS begins to rally again.
It is so bad I didn't recognize the similar pattern in the rectangles earlier.
MEIP has AML data OS > 22 months, which is a very very good one. The stock goes died since mid 2015 because of another drug phase 2 failure. The AML one would go to phase 3 in the second half of this year. I think this would be a big one if we catch it. The consolidation has been happening for a while.
