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by Ashraf Laidi
Posted: Aug 22, 2009 3:37
Comments: 852
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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.
 
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speculator
Posted Anonymously
15 years ago
Oct 15, 2009 19:53
interesting that GS is predicint a USD bull soon...as u all know im sharing their view as dollar becoming a bargain against many pairs and fundamentals mean nothing in cycles
Pipster
birmingham, UK
Posts: 111
15 years ago
Oct 15, 2009 19:38
Nzvik,

U got me thinking - hhmmmmmm. Ashraf can you shed some light on this please
nzvik
Auckland, New Zealand
Posts: 225
15 years ago
Oct 15, 2009 19:36
i prefer long oil. should breach 80 in the next few days if it goes well.

The breakout looks very powerful - could go all the way to 85, original GS target. watch as Gold is way down today. Guess where the money has shifted ?
Pipster
birmingham, UK
Posts: 111
15 years ago
Oct 15, 2009 19:08
In at 77.59- damn that spiked- now hopefully its going down.
asad
London, UK
Posted Anonymously
15 years ago
Oct 15, 2009 19:00
Abood,

I'm in. And not only thinking...I'm actually doing it! Your first profit-taking opportunity will be anywhere below 75...


Asad
Abood26
Damascus, Syria
Posted Anonymously
15 years ago
Oct 15, 2009 18:53
hello guys who`s think sell on oil here and where the take profit
thanks
speculator
Posted Anonymously
15 years ago
Oct 15, 2009 18:43
sterling temporarly being boosted by comments on scale of QE being limited. broad sterling strength.
asad
London, UK
Posted Anonymously
15 years ago
Oct 15, 2009 18:30
Qin,

It'll be really funny if oil reaches 80 by the weekend. You'll be laughing at me... :p
asad
London, UK
Posted Anonymously
15 years ago
Oct 15, 2009 18:27
Qin,

Depends on how you define 'big money'! And while you find the definition, let me tell you I am making 'decent' money...and I am happy w/ it. Sorry, pretty happy. I make 'phenomenal' money once in a while...but predominantly decent money. But never have I lost, big, phenomenal or even decent money. Overall, I'm afloat!

Like if my current oil position is against me...I'm making money being long on the Nikkei (level 9800). So you SEE that my PREDICTIONS do WORK for ME. Oil, btw, can only go down from here...so if you wish to earn some DECENT money, I give you the tip. & hey, I'll be w/ you. I'm thinking of opening another short position around 77 to take my average to 76.

Will let you know if I open it...


Asad
Qin
Jonkoping, Sweden
Posts: 492
15 years ago
Oct 15, 2009 17:45
asad........you should ask yourself that are you really making big money on your prediction.......

if people is making money on his or her prediction......who cares about the rest part.......

But if the market is against you......you should study more and more......keep a little humble to the market please.....
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