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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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PippedOff
Canada
Posted Anonymously
14 years ago
Mar 5, 2010 19:40
Thank you for the response Ashraf. I wasn't getting on your case, but rather replying to Desi. I know you made the video early in the week, but a lot has changed.

I guess I was asking if whatever those reasons were for the 1020 gold call were, do they still exist, or is it only down to < 1140 weekly close as a glimmer of hope?
chloethebull
Posted Anonymously
14 years ago
Mar 5, 2010 19:35
@pippedoff..what do u think ???here come the ppt?we need to catch a break..lol..gl
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 5, 2010 19:30
the 81.40 required break in #oil (76% retrcmnt) is UNSustainable as mentioned in this IMThttp://bit.ly/6vf9wn As for that gold Cantos presentation, i did mention 1140. and yes pipped, i did the GOLD presentation 4 days ago when gold was at 1117

Ashraf
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 5, 2010 18:26
@Desi-I watched it yesterday. He made it when Gold was at 1117, and his level to hold then was 1134/1136. Now we are above the 1134/1136 and he has the 1140 weekly close.

He does say in the video the chart is not overly bearish.

My confusion today is the strong rally in USDJPY is based on rates in US getting over JPY rates. I read where the markets are pricing in 60/75 basis points of Fed hiking. So wouldn't that be a positive for USD instead of what we havde seen today.
ray
New York, United States
Posted Anonymously
14 years ago
Mar 5, 2010 18:16
The way the equity markets are moving , i would not be surprised to see a 60-70 move in gold on the up side, although there is not always direct correlation....):
Desi
UK
Posts: 69
14 years ago
Mar 5, 2010 18:00
PippedOff check out Ashrafs latest cantos charts video where he talks about Gold

will answer a lot of questions
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 5, 2010 17:27
Ashraf-important question:

Do the premises for your short-term bearishness on Gold which factored in the 1020 call still remain, or has something changed?
coolshades
UK
Posts: 53
14 years ago
Mar 5, 2010 17:17
desi agree. ladies, gents trade at YOUR risk. dont blame OTHERS when risk goes against you.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Mar 5, 2010 17:03
correction to my pre-previous post: "...when risk AVERSION wanes..."
Desi
UK
Posts: 69
14 years ago
Mar 5, 2010 17:02
Ashraf could you please ban/unregister rkkashmir please and remove his posts. His posts are just counter to what this forum should be about.

Does everyone agree ?
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