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by Ashraf Laidi
Posted: Jun 10, 2009 18:17
Comments: 208
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This thread was started in response to the Article:

Falling Equities Still Key for Dollar

Intermarket analysis set-up still suggests that fresh equity selling remains the only source of support for the US currency.
 
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speculator
Posted Anonymously
15 years ago
Jul 16, 2009 10:00
because the risk to the downside is expected to increase and investors feel the sustainability of gains despite rally this week will be short lived i suppose.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 16, 2009 9:48
Cougar, very good point about the VIX. Why did it rise out of all days, in a day when stocks rocketed higher?

Ashraf
cougr
Australia
Posts: 101
15 years ago
Jul 16, 2009 1:30
VIX again moves up in tandem with S&P 500.I think a pullback is in the cards.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 15, 2009 23:45
raj, i wouldnt go as far as 11200 in Nikkei. Today we should likely break 9600 during session but not sure about a close above it. Try 10,100

Ashraf
14raj
Kolkata, India
Posts: 210
15 years ago
Jul 15, 2009 22:57
Ashraf,
After this massive rally, is it still hard for Nikkei 225 to touch 11200 mark?I am just stating it from Technical point of view (and may be because I am long into it).The weekly chart is really seems to be much bullish for me.Your advice always help me a lot.
Regards,
Rajib.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 15, 2009 10:53
S&P TIDBIT from Sentimentrader.com: When S&P500 closed by more than +2% on Monday and b/ween 0% to +0.5% on Tuesday, it dropped into Thursday close 7 of 7 times by an average of -1.6%.

Ashraf
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 15, 2009 10:24
Spec, what are you saying? i responded to your claims about technicals by saying that oscillators were OVERBOUGHT last summer on oil and other high yielding currencies. As for GS, it predicted 110 oil 2 yrs ago and it got it. The $200 forecast has yet to unfold.

Ashraf
speculator
Posted Anonymously
15 years ago
Jul 15, 2009 10:14
but GS predicted $200 oilin the summer!!
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jul 15, 2009 10:12
spec, oscillators showed oil, and high yielders were excessively overbought last summer.

Ashraf
Carlco
bristol, UK
Posts: 151
15 years ago
Jul 14, 2009 16:13
speculator- thanks for the insightful views into Technical Analysis.
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