I been chasing actionman's post a few minutes ago for over an hour now and have forgotten some of it but I agree RDS is hard to figure. Seems major oils are old hat and don't get much thought for millions of profits, while some stocks make just any profit and it's big news. I drive about the same year around but the driving season ends with the start of school, so I'm out of sync in everything it appears. I suppose there's a back to school slummp for clothes after school starts or maybe other family members can buy for themselves then. Sometimes the wheels roll but the transmission slips.
Another slow day and waiting for entry to RDS. Best to all.
Several years ago I wanted more action so I was trading a bunch of oil companies. That's when I noticed that most were in sync with each other except RD. At one point I only held a very large position in Texaco and had a significant loss on paper so when I went to lunch with a group of friends I picked up the tab figuring it was a small expense given my huge loss on paper. Eventually everything turned out ok and I was able to make a profit and more than cover the lunch.
I forgot the market was closed today until I turned on the TV this morning. RDS-London was down pretty far today at one point then closed down only .60%. Anxious to see what RDSA will do. I'm ready to invest starting at 62-62.50 at the end of this month and believe September will bring stocks down enough to invest in other sectors, specifically Chemical/Material, Software, Industrial, Retail, Biotech and Defense/Aerospace. Still all cash.