Monday, March 9, 2020

Black Monday

I want to dedicate this post today so I can look back in the future knowing we've gone through this one day episode.

The Covid has all along been a grey Swan event for a while. Yes, they are spreading globally with over 100k people infected at this point but they are not as deadly. Recovery rate has been pretty decent and there wasn't as much fear as we all thought out there in the market.

Then came the Saudi event over the weekend.

Over last Friday, Opec+ was supposed to meet and cooperate over the production cut by 1.5m barrels a day. Had the Russian agreed, we probably had a field day today for the O&G sector. What happened next was something that came out surprising.

Not only did the Russian decided not to agree, but it enrages the Saudi's wrath that the Saudi decides to play the game at the world's hands.

As we all know, Saudi has the lowest costs per barrel as compared to the other countries out there. This table is appended in 2016 so we are likely seeing even higher average costs for all the other countries except middle East.

This is a Black Swan event.

The market went on a relentless drop in the early morning when market was opened and it exarcebated badly in late afternoon.

STI dropped by a massive - 170 points at the end and this is something remarkable we've never seen happened before in the STI, ever!

My portfolio bleeds down by $12k movement today, but I'm sure everyone else is bleeding like I am so it's not a really big deal.

I managed to do some cleaning by divesting one counter and adding two new companies at such a good valuation that I was pretty happy at the end of the day.

It is not often you get to buy companies at this sort of valuation so why waste a good fall today.

I knew everyone is waiting and probably just waiting for it to go lower and you can be sure it is the hardest ever decision on whether to step in one foot in the fire.

My strategy is more lucid and I am planning to move and rotate around whenever I get the chance to do so. Remember that even in bad months we get rebounds along the way so we are likely to see volatility and opportunities to exit along the way. It is not a one way down in most time.

But yet the most important thing as I look at my current portfolio bleeding, I saw my average price at all the companies I bought and I knew for just as long as I could hold those until this is blown over, this will give me not just decent but very very good return. I could possibly even double my networth if I'm really lucky that this whole thing is blown over which hopefully if not this year then the next.

We've done the hard homework prior to the crash, now it's simply putting in the action where the mouth is.


  1. Able to share what counters u entered today?


      Motto-: Hacking Just Got Easier

      Here Are List Of Hacking Services We Offer-:

      ▪️Phone Hacking & Cloning

      ▪️Email Hacking

      ▪️Social Media Hacking(Facebook, Instagram e.t.c)

      ▪️Computer Hacking

      ▪️Deleted Files & Documents Recovery

      ▪️Breach Detection

      ▪️Website Hacking

      ▪️Tracking using GPS and Spyware

      ▪️Deleted Mails and Text messages Recovery


      ▪️Binary Option Recovery

      ▪️Scam Money Recovery

      ▪️Bitcoin Multiplication

      ▪️Change Of Grades In Universities/Colleges

      ▪️Phone Calls Monitoring

      ▪️And lots more...........

      For more enquire, contact us via the emails below

      2020 © All Right Reserved.


      It Tears me Up Whenever we receive complaints from Clients About Their Experience With the Hackers They Met Before They Heard about us.
      These Days There Are alot of Hackers Online, You Just Have to Be Careful about who you meet for help, because many people now don't know who to ask for help anymore but there's actually a solution to that which I am giving you for free, Don't go out there seeking for Hackers Yourself, Because the probability of getting a Real Hacker Out there Is Very Slim . ❌❌ ❌ Most Of Them are actually not who they say they're, they are just here to Rip people Off, You Can Always Identify Them With Their False Advertisements and False Testimonies Trying To Lure you Into their Arms, And most of them use yahoomails, gmails and other cheaper email providers which could easily expose their vulnerabilities, Please Don’t Fall For Them🚷 Come To Think Of It, Why would a Legit Hacker Be using a gmail or a cheap email provider that exposes his vulnerabilities????⚠️⚠️⚠️
      Well, Our Purpose Here Is To Link You Up With Top Legit Hackers With Great Online Reputations and Impressive LinkedIn Profiles That’ll Blow Your Mind.

      ☑️ COMPOSITE CYBER SECURITY SPECIALISTS is here to Provide you with The Best Hackers, So you can get saved from The Arms of the Fake Hackers❌❌.

      ☑️All our Specialists are well experienced in their various niches with Great Skills, Technical Hacking Strategies And Positive Online Reputations And Recommendations🔘
      They hail from a proven track record and have cracked even the toughest of barriers to intrude and capture all relevant data needed by our Clients.

      We have Digital Forensic Specialists, Certified Ethical Hackers, Software Engineers, Cyber Security Experts, Private investigators and more. Our Goal is to make your digital life secure, safe and hassle free by Linking you Up With these great Professionals such as JACK CABLE, ARNE SWINNEN, SEAN MELIA, DAWID CZAGAN, BEN SADEGHIPOUR And More. These Professionals are Well Reserved Professionals who are always ready to Handle your job with great energy and swift response so that your problems can be solved very quickly.
      All You Need to Do is to send us a mail and we’ll Assign any of these specialists to Handle your Job immediately.

      ☑️ Below Is A Full List Of Our Services:
      ▪️ CREDIT REPAIR. 💳
      ▪️ PHONE HACKING & CLONING (giving you 📱 Unnoticeable access to everything Happening on the Target’s Phone)
      ▪️BITCOIN MINING ⛏ And lot More.

      ☑️ CONTACT:
      ••• Email:

      🔘2020 © composite cybersecurity specialists
      🔘Want faster service? Contact us!
      🔘All Rights Reserved ®️

  2. Cut loss on MTQ or not?

  3. My portfolio is bleeding like shit too
    But I jumped into the mkt & bought a little
    Wish there's good return afterwards

  4. Hi B,

    Do you think the thesis still holds for MTQ as this juncture ?

    1. Hi Verseun

      Mtq is in a downstream channel so while they will be impacted the impact will not be felt as much as the upstream. Having said that, the surprise oil move will impact the whole industry as a whole.

    2. Are you still vested in RDS?
      Considering it plunged an additional 30% from the start of Monday?
      Why not US oil counters if ure into oil play? Considering trump will def. have to do something about the market for his re-election?


  5. I was searching for loan to sort out my bills & debts, then i saw comments about Blank ATM Card that can be hacked and withdraw money from any ATM machines around you anywhere in the world . I doubted thus but decided to give it a try by contacting united blank atm hack card they responded with their guidelines on how the card works. I was assured that the card can withdraw $5,000 instant per day & was credited with$50,000,000.00 so i requested for one & paid the delivery fee to obtain the card, after 24 hours later, i was shock to see the Courier agent in my resident with a parcel {card} i signed and went back inside and confirmed the card work's after the agent left. This is no doubts because i have the card & has made used of the card. Contact these email if you wants to get rich with this....Via email: or whatsApp +44 7466 770724

  6. uncle168,

    lky wants us to join him as the government refuse to grant him his death wish to tear down 38 Oxley Road

    hsk almost joined him when he mentioned how much he missed lky

    i think this time 23 March 2020, 5th year death anniversary those who claim they miss lky would join him

    once 38 Oxley Road is torn down everything will go back to normal


  7. uncle168,

    knn u tell people buy mtq then u sell & buy sinopec & rds

    do you know that people can sue you if they took your advice and lost money

    that is why motley fool has closed down

    you better get a license or lose this blog

    same advice for dividend warrior


    1. You are in some serious shit of needing some help man. God bless you man.

  8. uncle168,

    little boy read my blog:

    u r good boy so i warn u because your fellow bloggers bo chap u as u r competitor to them


  9. uncle168,

    u should block anonymous comments like dividend warrior so u only get good comments

    yes health is wealth

    money is quite useless without good health


  10. uncle168,

    one of my epic quotes:

    "you will never be able to time a rebound or a gap down consistently via timing your trade

    you will end up losing money shorting a bear market when it retrace

    you will end up losing money longing a rebound when it continue its gap down

    the correct strategy is to do nothing as the bear market pans out as more and more companies starts to lose money and default on their mountain of debts forcing them to foreclose their property portfolio creating a massive oversupply of empty football fields

    a vicious cycle of negative equity and foreclosure will wake up the bulls that stock price can rise but it can also plunge and you can lose all your money buying stocks or reits chasing yields that is actually your own money


  11. Welcome. BE NOT TROUBLED anymore. you’re at the right place. Nothing like having trustworthy hackers. have you lost

    money before or bitcoins and are looking for a hacker to get your money back? You should contact us right away it’s

    very affordable and we give guarante to our clients. Our hacking services are as follows:
    -hack into any nkind of phone
    _Increase Credit Scores
    _western union, bitcoin and money gram hacking
    _criminal records deletion
    _Hacking of phones(that of your spouse, boss, friends, and see whatever is being discussed behind your back)
    _Security system hacking...and so much more. Contact THEM now and get whatever you want at

  12. uncle168,

    excited bor?

    1st time voting as stinkie


  13. My wife was putting up some attitude and acting strange,and we have been married for eight years,I explained my problems to my friend and he recommended,I sent him a mail explaining my situation to him and he helped me hack into her phone,Walt sent me a WhatsApp conversation between my wife and her concubine which she told him everything about me and our marriage and he also recorded a call conversation between she and her concubine talking about how they were going to kill me and take my money and properties,I took this to court and I won the case,they were locked up in prison all thanks to Walt who saved my life through his hacking experience,every dollar I spent on this job was worth it,message him and he will help you with your problems.

  14. Hi B

    You may be interested in the Bill Brewster post on why he sold airline stocks, despite him being a cheerleader two week ago:

    In fact, on March 4th (only 12 days ago), I said we would hold airlines through this draw down. What changed?

    On March 7th, I received a transcript of a discussion that opened my eyes to what was about to happen. If that transcript was even remotely accurate I determined airlines were about to have a liquidity crisis. Yes, the balance sheets are strong, but, in the short term, so is the cash burn. The potential duration of the cash burn is “what’s different this time.” Compounding the problem was the US policy response as of a week ago.

    Fast forward to March 14th and The White House mentioned governmental assistance for the airlines, cruises, and hospitality industry. Therefore, I feel somewhat validated in my conclusion. The terms of any bailouts are not being discussed so it’s too hard to handicap how impaired the equity will be (if at all).

  15. Get A Blank ATM CARD And Cash Good Money/Funds Pay Your Debt directly today in any ATM machine around you anywhere in the world. contact It's 100% guaranteed secure with no worries of being caught because the blank card it's already programmed and loaded with good funds in it, in such a way that's not traceable which also have a technique that makes it impossible for the CCTV to detect you, i am not a stupid man that i will come out to the public and start saying what someone have not done. For more info contact Mr john and also on how you are going to get your Card, Order yours today via Email:

    Blog Site:

    WhatsApp contact: +27733798090


    This is a change of life! I have been a scam victim to so many fake lenders online, i thank my creator so much that he has finally smiled on me by directing me to this new lender who put a smile on my face this year and he did not scam me and also by not deceiving or lying to me but however this lender whose name is Mr STEVE WILSON gave me 2% loan which amount is $550,000 united states dollars after my agreement to their company terms and conditions and one significant thing i love about this loan company is that they are very fast
    You can contact the loan lender via
    EMAIL or whatsapp:+16673078785
    Company website:

  17. My husband and I have been married for about 7 yrs now. We were happily married with two kids, a boy and a girl. 3 months ago, I started to notice some strange behavior from him and a few weeks later I found out that my husband is seeing someone. He started coming home late from work, he hardly care about me or the kids anymore, Sometimes he goes out and doesn't even come back home for about 2-3 days. I did all I could to rectify this problem but all to no avail. I became very worried and needed help. As I was browsing through the Internet one day, I came across a website that suggested that Dr jeffrey can help solve marital problems, restore broken relationships and so on. So, I felt I should give him a try. I contacted him and he did a spell for me. Two days later, my husband came to me and apologized for the wrongs he did and promise never to do it again. Ever since then, everything has returned back to normal. I and my family are living together happily again.. All thanks to Dr jeffrey . If you need a spell caster that can cast a spell that truly works, I suggest you contact him. He will not disappoint you. This is his E-mail:

    WhatsApp +2348162061202

  18. Natural herbs have cured so many illness that drugs and injection can’t cure. I've seen the great importance of natural herbs and the wonderful work they have done in people's lives. i read people's testimonies online on how they were cured of HERPES, HIV, diabetics etc by Dr Edes herbal medicine, so i decided to contact the doctor because i know nature has the power to heal anything. I was diagnosed with Herpes for the past 3 years but Dr Edes cured me with his herbs and i referred my aunt and her husband to him immediately because they were both suffering from Herpes but to God be the glory, they were cured too .I know is hard to believe but am a living testimony. There is no harm trying herbs, Thanks. Write him on WhatsApp on +2348151937428. @dr_edes_remedies deals with
    (1)Alzheimer virus
    (5)Genital warts
    (7)Virginal infection
    Email him on