Royal Bank of Scotland (RBS) has advised clients to brace for

Baka.com

Lolwat? What's a fibonnaci signal and a "bear flag"? Post this troll shit on /pol/

>>1038524
Try, " .baka.com.au " baka, instead of baka

>>1038524

>implying RBS is not a valid source of market info
>implying RBS investor newsletter is /pol/ tier

Stay poor, pleb

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So guys is it a good idea to buy crude oil now that it is hitting record low prices because of overproduction, and wait one or two years when the OPEC members force the middle east to stop production and drive demand and prices up?

planning on buying some hundreds of barrels this years at an average price of let's say U$20, and waiting for the stabilisation promoted by the OPEC of the production in the middle east. The historic average price of the barrel is U$70-80. That would be some 400% profit.

So is it a good idea?

>>1038526
Fucking word filters, is s m h , no spaces in between. Shaking my head, senpai, desu.

My dick is ready. After working for 7 years and living like a miser the crash is finally coming.

>>1038520
fib levels have a thought behind them that you need to realize first. take this maxim: profits will be maximized will losses will be minimized.

max profit = number of participants in + their trading capital + their margin

>>1038558
Doesnt waste away with time?

>>1038520
Aren't you glad you stayed in the UK now?

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>tfw started working in 2013 and nearly all my money is in stocks because my mom and other family members told me "you're young, don't keep money in the bank because muh interest rates"
>this shit happens and now my boozing, gambling dad calls me daily to make fun of me for investing in stocks its "muh gamblng" though he's dumped tens of thousands of dollars into video poker and the lotto

God damn my family.

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>>1038520
IT'S HAPPENING

SELL SELL SELL SELL SELL SELL

i am growing stronger

>>1040741
You're fine as long as you don't sell. You're young, wait out the crash.

>>1040741
As long as you bought index funds or have a very diverse portfolio then no need to worry really.

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>Scammers who shorted the market and are trying to induce a panic.

>>1041034
>Bull who is losing his shirt and is quietly trying to reassure himself.

I agree they are scammers, but it makes no sense to go long right now. After this quarter, maybe. This downtrend is going to hurt anyone who goes long right now.

Just don't touch fixed income like the Rancid British Scum is suggesting.

>>1038524
Baka is s m h (Sydney morning herald) word filters
Auscunt here its the Sydney news

ive nver thought about having an emergency stash of currency, but since savings interest rates are less than finding a quarter on the street per month, is there any reason i shouldnt hold ~3k in cash at my house?

obviously id withdraw several hundred a week or so, and deposit it in similar increments when i feel like it.

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>mfw i just keep buying
dollar cost averaging lol

16$ seems ridiculously low
more like 24~

>>1041331
It's the other way round though. Convert more to cash sure, but if you're holding blue chip tier or anything else really solid, just double down at the lower price. That's how you ride a bear to victory.