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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Mar 10, 2011 21:13
For more downside SPX would make 100% symmetry at 1282 or 127% ext at 1268. Levels to watch for potential reactions.
Gunjack
London, UK
Posts: 1184
14 years ago
Mar 10, 2011 21:12
@Dave lol..folks are really struggling out there. I mean I have to spend virtually double and more on filling up my tank of fuel. Imagine all those lower income folks out there. We in the UK are properly up sh*t creek w/out a paddle...high youth u/e, -ve GDP and rising prices. It is a recipe for disaster. Add to the fact every single union is threatening strikes, almost make me want to up sticks and move to the country and stock up with food and guns lol!!
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Mar 10, 2011 21:11
ES true trend day down today in terms of internals like breadth and $VOLD. Price a bit choppy with some 8-10 handle rets which suckered shorts if they weren't watching internals !
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Mar 10, 2011 20:52
Every early march I have occasion to drive up country back to the rat race and every time I witness more and more traffic on the roads. This year I was amased at seeing a much lighter level of traffic. Checked it out with folks in Bournemouth area and folks in Yorkshire area and they confirmed the same phenomena. I have never known this to happen through the 3 previous recessions 1973/76, 1980/83 and 1989/94. Could it be the higher fuel prices or large numbers of immigrants returned to whence they came? I don't think the austerity measures have started biting yet so this is not simply a recessionary charachteristic. The last 3 years from 08 to 10 traffic been horrendous. Further observation was all the speed cameras along the way were no longer armed. I wondered if I was still in the uk or dreaming.
Gunjack
UK
Posted Anonymously
14 years ago
Mar 10, 2011 14:29
@Lucky I agree the Saudi day of rage is tmrw so the potential is def there. Problem for CL is 103.5-103.9 is big block of resistance now, break thru that and I would punt long too
lucky
ibadan, Nigeria
Posts: 377
14 years ago
Mar 10, 2011 14:06
gunjack can oil peak again because of protest in saudi tomorrow
Gunjack
London, UK
Posts: 1184
14 years ago
Mar 10, 2011 13:09
CL spikes thru 103.5...if it stays below that then 101.9 will act like a homing beacon
Gammahunter
Douglas, Isle of Man
Posts: 82
14 years ago
Mar 9, 2011 13:13
thankx boli for explain
Boli Mekura
Guam
Posted Anonymously
14 years ago
Mar 9, 2011 6:49
@Gammahunter

-2 sigma daily sigma channel is 2 standard deviations (sigmas) below the 20 day moving average. It is the same as the lower band of a default bollinger bands.
Gammahunter
Douglas, Isle of Man
Posts: 82
14 years ago
Mar 8, 2011 13:16
Boli mercury what is -2 sigma chanel in ES? thankx