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by Ashraf Laidi
Posted: Aug 13, 2009 16:38
Comments: 200
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This thread was started in response to the Article:

Unsustainable Appetite in FX, Equities & Oil

We're witnessing more signs of peaking appetite, this time inside the individual Forex pairs, as well as more failure in oil and Chinese stocks
 
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radu
bucharest, Romania
Posts: 203
15 years ago
Aug 18, 2009 21:31


Hello Moe ,

Well done for you ( long on oil ) .
About the API data do you know the values ?I just look in API site and i do not see nothing for free... and nothing too on the others sites with free news...can you help me , please ? with a link maybe ?
Moe
Sharjah, United Arab Emirates
Posts: 50
15 years ago
Aug 18, 2009 20:18
Guys,

I have been going long all day long on crude and made some good money. There are the API data coming out in an hour or so, which will decide the course for 2moro.
I believe that oil will still be bullish 2moro, if the APi data helps till the release of the DOE date.
asad
London, UK
Posted Anonymously
15 years ago
Aug 18, 2009 20:10
Ashraf,

Oil's at a v/ good level (for shorting). I'm already short (losing so far) & wish to short more. Would you fancy the idea? This would also allow me to undercut my previous short at 67!

I'm no kamikaze...but I back my gut feeling more often than not. Still, reality checks are welcome...
asad
London, UK
Posted Anonymously
15 years ago
Aug 18, 2009 20:06
Radu,

My friend...no worries. You'll ONLY lose what you gained over the week (worst case). Oil is heading under 65 by the w/end...
radu
bucharest, Romania
Posts: 203
15 years ago
Aug 18, 2009 19:50


Hello everybody ,

I"m still short on oil ... hard day for me ... what do think about oil"s price ?
And Asad ...thanks

Good luck

Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 18, 2009 19:21
Hey, asad
I just said that I used to have a British girl friend, there is not so much meaning about it.

I was short USD/NOK and added more position on it last night as I wrote on this blogs. I booked my profits and closed my positions. I hope USD will rally back to the level I shorted before....then I can short USD again.....

Don't misunderstand my words.....
Moe
Sharjah, United Arab Emirates
Posts: 50
15 years ago
Aug 18, 2009 18:56
Hi Ashraf,

What do you think of shorting GBP @ 1.6610?
asad
London, UK
Posted Anonymously
15 years ago
Aug 18, 2009 17:54
Hey hey hey Qin, what do you mean by 'I used to have a British girlfriend...I booked my profits...hope there will be another pull back...then I can just do it again...today is enough for me'. Do what again? Hmm you look like a naughty kid. Can you elaborate on it Gunjack? Think we might have a player here.

Gunjack, I'm w/ you - long Swede, short English. In fact let's have a forum vote for the pair.

VOTE (Long/Short): SWE/ENG

Radu mate, I was thinking of encouraging you to hang on in there! We're in this oil short together. I agree w/ Ashraf...oil should and will tank further (64...and then near 60).
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 18, 2009 17:00
I just booked my profits now........hope there will be another pull back...then I can just do it again....

Today is enough for me ......good luck everyone!!!
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Aug 18, 2009 16:54
Hey, GUNJack
Your comment will be rank my into my top list!!!! Just like it!!! By the way, I used to have a Britain girl friend.....
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