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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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chloethebull
Posted Anonymously
14 years ago
Mar 5, 2010 21:11
@pippedoff, i love learning about tech from u guys...but to be honest i find we are in a fundalmental market..with all these crazy problems out there tech don;t stand a chance..if im wrong please comment...do u find the current markets are greatly affected by tech or fund..thanks ttyl
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 5, 2010 21:07
@chloe-still in gold. Position traded to raise avg to 1133.72. I am actually in the black on this trade. But buried in others.

I looked at the USDCAD chart a bit more carefully and was horrified to see the bear flag.
chloethebull
Posted Anonymously
14 years ago
Mar 5, 2010 21:02
well gold was far away from 1140 on the close even closed below 1133-34..hopfully it conti its down trend..gl have a great weekend..pippedooff did u hold or fold ..lol..gl
chloethebull
Posted Anonymously
14 years ago
Mar 5, 2010 20:45
i don;t think we are goin lower or higher ...it seams the markets are saying "if u want to go higher give us a reaasson ..".."if u want to go lower give us a reason"...soon we;ll have our reason..an ashraf hasn;t really abandon his over all veiw on were gold is heading(lower)..we just need the right catylyst..gl all
amg
Oklahoma, United States
Posts: 38
14 years ago
Mar 5, 2010 20:17
In my opinion this oil hike is unsustainable because in case this continues this will push inflation higher jeopardising the recovery which is still very weak. If this does happens the FED will have to rise rates sooner rather than later to mitigate pressures or markets could fell sharply again.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Mar 5, 2010 20:14
gold and euro not following equities to higher highs ! gold may have topped for the time being.
chloethebull
Posted Anonymously
14 years ago
Mar 5, 2010 20:11
@rkk...i thought u posted u were short...an covering @1117?let me guess u jumped in @1145 covered today @1127..imediatly went long..lol...come on lol...we all read ur past post lol..gl rkk
rkkashmir
Posted Anonymously
14 years ago
Mar 5, 2010 20:08
AUD will close through DEJA VU big resistance level. Everyone is buying commodities and commodity -backed currencies. Well, almost everyone.

The killer will be as you all watch gold get squeezed at the very close of the day the requisite $400 to close over 1140.

And the next cap is....?
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 5, 2010 19:53
Of course the PPT appears. The mission now is to destroy the shorts and teach them a lesson.
chloethebull
Posted Anonymously
14 years ago
Mar 5, 2010 19:50
looks like the ppt has steped in to help prop markets up...some tough calls to be made weather to hold or cover..gl
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