Long GENEL today

GENL would be the best of Pick.
IAE, XEL, ENQ, PMO, TLW are good in that order
TLW has around 4Billion of debts, but their report earlier this week is good, with good hedge.
IAE is good with hedge too.
ENQ is good but bit debt.. managable.
XEL is good if u are buying now to hold long term.

There is another one called Pantheon I think, may be good too.
Ofcourse BP is very good if we can getin sub 300p
ta
Good luck
ta
G

No Sarcasm on my part.. just curious to know how you manage to trade effectively whilst not in front of the screens, not that being in front of the screen guarantees any success - ive got the scars to prove it.

That's still good ratio if you making good trades followed by the odd wrong one.

I am to looking to go long on OIL stocks, just waiting for the bottom to hit, GENL and Tullow being the one of a few on my list. Would like to add some North Sea exposure ones but it seems nearly all laden with high debt and may fail, though PMO's recent RNS suggest they are not in a bad shape for the time being.

Anyway appreciate the response..

Chief66,

Not sure if that a genuine question or a srcasm.
I am not that lucky man on trading.
Normally, I manage to make few good trades, followed by one wrong trade.
I did buy Genel at around 232p, just near to xmas, forgot to put , I had to sell at lower price for a loss. Was working 12 hour shifts at xmas.
I normally put all my good n bad trades, I am famous for saying my losses openly.
So, no secret there. traded LLOY many times.. buying aound early 70p, selling as soon as it hits 72~74 rage..
I may still buy GENL long term, at around 111p, or near 100p.
Will add chart soon.
Have a good day
ta
G

For someone not in front of the screens most of the day you do extremely well Paitech..

Whats the secret behind the success?

I'd love know..

Already out at 126.

Careful Paitech, there will be a time to buy this, and its a brilliant company, not in any danger with debt etc.
This is not not a good time for longs positions imho....Main markets and still oil possibly look set for bigger falls.
I would say keep a stop....

Regards
Trendfriend.