[sgbuffett]

But this was based on weekend comment by Blinken on ban of Russian oil.

He never said Europeanscountry have agreed to this ...given they are so dependent on Russian gas 
.
He never said when ban will start.

Saying there is a possible  ban could be a way to put pressure on Putin rather than really doing it.

Is it taking a blind risk  to rush into oil and oil stocks before ban is even announced.?

Already UK warn that oil suppliers are going bankrupt has the run out of funds to put up margin for higher gas prices.

You think they will ban overnight?

I believe they will eventually ban after alternative source increase production and can replace Russian oil.

I think speculator rush in too quickly and will get burnt.

Oil might see sharp reversal.

[[[ForeverAlone]]]

that Mr Loo claim don't chase he himself what invest on s&p 500 futures

[Rainforest]

Usually when crowd cheong means rug pull short term. Just my 0.02 + inflation

[sgbuffett]

that Mr Loo claim don't chase he himself what invest on s&p 500 futures

I think he has mad a big mistake to go for S&P500.
US market is expensive and can fall long way.

Until now Dow only correct 12% from peak ...why rush?
There are so many head winds for US.

But it's only 100K so fall 30: is only 30k loss.
It's like nothing for him.

But still I wouldn't waste the money.

I am aiming for Dax....but not yet  Dax was much cheaper than DOW and fell 22% already so looks much more attractive.

[Talent]

should go in last fri

[Blin]

https://www.straitstimes.com/singapore/t...e-conflict

[[[ForeverAlone]]]

I think he has mad a big mistake to go for S&P500.
US market is expensive and cab fall long way.

Until now Dow only correct 12% from peak ...why rush?
There are so many head winds for US.

I don't know, so call Millionaire, also help start ups etc . He do know his stuffs, he also don't bother other option he just share what he do and feel.

I only know he keep telling people top up max their SA in CPF .

But one thing he said is true , Now cannot buy property and car are things will " rob " you. Somemore now inflation etc.

[sgbuffett]

Oil selling off....those who rush in will get burnt

[sgbuffett]

Germany won't ban

[Niubee]

Talent, do opposite Sgbutt sure make money.