Forum > View Topic (Article)
by Ashraf Laidi
Posted: Aug 22, 2009 3:37
Comments: 852
View Article
This thread was started in response to the Article:

VIX, Oil, BRICS & Sterling's Sell-Appeal

BRICS equity indices fail at key fib retracements, VIX and oil near major trend lines and sterling's sell-appeal hasn't looked this good in a while.
 
Gunjack
London, UK
Posts: 1184
14 years ago
Feb 17, 2010 13:33
Crude on a ~ 1500 point round trip...crazy.

Ashraf can I get your opinion on oil over the next few weeks?

Thanks
Jack
asad
London, UK
Posted Anonymously
14 years ago
Feb 12, 2010 14:47
Mont,

That silly thing - if USD is up, oil & gold are down...and vice versa. 1:2... :)


Asad
asad
London, UK
Posted Anonymously
14 years ago
Feb 12, 2010 14:45
See WHAT I mean by a Friday close? They're collapsing everything from commodities to equities to Euro! If it ain't Greece, it's China...


Asad
montmorency
Abingdon, UK
Posts: 610
14 years ago
Feb 12, 2010 12:19
@Asad: What's the 2:1 rule? Well, Gold down to 1081-ish as of ~12:00 GMT (got some pips out of that :) ). Is it good for another bounce to 1090 or so?
asad
London, UK
Posted Anonymously
14 years ago
Feb 12, 2010 2:35
Pipped,

Check out www.zerohedge.com - they've a similar anti-Goldman stance as yourself...so you'll luuuuuurrrrrvvvvv it there (i.e., if you're not Tyler himself *winks*). Hell, even THEY'LL luuuuurrrrrrvvvvv to have a GoldDUG...


Asad
asad
London, UK
Posted Anonymously
14 years ago
Feb 12, 2010 2:30
Look, it's not making sense - it's NOT making any sense!! This is EXACTLY what happened in the credit (corporate) crisis...and the same will happen in the sovereign crisis! It SHOULD...and WILL spread across the Atlantic. If Greece's taking IMF's advice, then means that Japan & US are also involved, isn't it?

Frankly, WHAT solid information do we have on the Greek bail-out? Heck, we DON'T even have any REAL numbers on the damage! Yesterday they hammered the Euro...then they pulled it back...and again they hammered...and today's a weekend...and they're going to hammer the markets!

Why would anyone think the markets are oversold...and WHAT GOOD NEWS has Obama offered that the markets should be up!

To the common mind, justify a simultaneous peak in USD (80), gold (1090) and oil (75). What about the 2-1 rule...??


Asad
montmorency
Abingdon, UK
Posts: 610
14 years ago
Feb 11, 2010 21:20
Well the little cousin the FTSE looks to me to be about on its last gasp ... not that I would dare to sell it as that would probably be the cue for it to go up a few hundred points.
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 11, 2010 19:48
one hour and fifteen minutes remain in US stock market trading day.

This is the time when GOLDman-backed PPT gooses spoos if market is down triple figures. Will they let market close below up triple digits today? We will find out in about an hour.
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 11, 2010 18:13
PippedOff
Canada
Posted Anonymously
14 years ago
Feb 11, 2010 18:03
The talking heads on CNBC-USA are screaming on air that stock markets are oversold and the VIX i heading back to 20 and Gold heading back to record highs from here.

Does everyone work for GOLDman these days?