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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)
 
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 30, 2010 16:39
CL crashes thru 90 and now at 89.3...boooyah!!!!

All those who jumped in on shorts with me wd have made a decent killing. That special indicator of mine doesn't lie, tho I didn't expect it to turn and fall this quickly...the 4-7 day theory still holds...adios hombres have a gd NYE
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 30, 2010 14:41
good job Gunjack and I was out in the nick of time.

Chloe, I do agree with you and I am loving the way that politicians are finding themselves more and more harnessed. Nevertheless, there is still much hidden away the depths of depravity :-)
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 30, 2010 14:29
And as mentioned CL hits 90 on the nose...90 puts well ITM...It's a shame CL didn't go up further as the fall would have been far more vicious
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Dec 30, 2010 14:18
@daveo, nice exit on ur oil longs.starting to excellerate to the downside plus inventories out today expected to show a build up..also i disagree with what u said about fund ..with todays tech an social forums(twitter) info travels very fast an it givees the lil guy a lil better playing feild:) have a good day bro:)
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 29, 2010 15:11
Callum
Singapore, Singapore
Posts: 179
13 years ago
Dec 28, 2010 20:33
Ignore earlier note. Found SPX/VIX ratio chart onlinehttp://chart.ly/gkyqrmr suggesting "double top formation in play" as quoted. Thoughts?

Callum
Singapore, Singapore
Posts: 179
13 years ago
Dec 28, 2010 20:16
Does anyone have the latest chart plot of SPX/VIX Ratio across daily? Today's ratios of ~61. Looking at one of Ashraf's method.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 28, 2010 16:56
stocks, crude and gold been moving up in unison since 16th Dec but cad was not supporting the correlation until it reversed up on the 22nd Dec. Ideally cad needs to continue strengthening for the 4 player correlation to continue trend.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 28, 2010 16:31
SPX been halted at a 161.8% external ret level (1260.11). Should it manage to break that level I have an important level where wave 5 would = wave 1 coming in at 1292. Darned thing feels much too weak to achieve that but who knows ?!
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 28, 2010 16:23
Yes Callum, I can see SP resolving the divergence by cratering, just not sure when. Alternatively NYSE breadth must increase dramatically from running along at fumes level these past few weeks.