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(TLW.L) Tullow Oil PLC Buy/Sell

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Author	markettimer View Profile \| Add to favourites \| Ignore
Date posted	2009-11-03 22:01
Subject	Re: On the sidelines View parent message
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Looks like my posting on Sunday saying that it might hit 1100p is not far away, TLW hit a low of 1130p today. I taken no comfort in the fact that is dropping as I bought 1,360 at a breakeven of £12.57 so I am taking a good pasting. I will bide my time and wait for it to go back up again mt ------------------------------------------------------------------ Morning JB, You may well get your opportunity to buy TLW at below £11 next week, but I would be flexible on the £11. If the market has more severe drops and TLW hits a low of 1110p and then the markets start to recover then it is unlikely that TLW is going to go below 1100p so you may miss your opportunity to buy at below 1100p. I would watch the market direction and then judge the level that you should buy TLW at, .i.e. be flexible on the price that you are willing to pay becuase the markets are dynamic and sentiment changes so quickly.
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