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by Ashraf Laidi
Posted: Aug 22, 2009 3:37
Comments: 852
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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.
 
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Oct 12, 2009 20:10
Moe, we may have a retest of 74.50 but still no break of the 200-week MA

Ashraf
Moe
Sharjah, United Arab Emirates
Posts: 50
15 years ago
Oct 12, 2009 18:52
Spec/Ashraf,

Why are your short term views on Crude for this week?

Regards
speculator
Posted Anonymously
15 years ago
Oct 12, 2009 12:17
nzvik why a bounce? sterling is not cheap against dollar so i see no sustained significant bounce as such.
nzvik
New Zealand
Posted Anonymously
15 years ago
Oct 12, 2009 12:10
speculator

You are right that the net short contracts on sterling increased 30%.
Of the 87K contracts on sterling 75K (86%) are short. To me that looks like an extreme net short position - a substantial bounce could be on the way. and i bet since the COT data (Oct 6) the shorts would have increased further

the bounce from 1.5730 today could take us back to 1.6+

likewise on CAD - the number of contracts net long doubled over the last week (88% are net long) - again quite extreme.

vik
said
mulhouse, France
Posts: 2822
15 years ago
Oct 12, 2009 11:27
RAJ
CORRCTIVE
WE had AN EXTENDED WAVE SO 9844 NOT THIS MORNING. neither today
speculator
Posted Anonymously
15 years ago
Oct 12, 2009 1:20
guys, speculators net cable shorts increase 30% week on week! watch out for huge downside by cristmas
said
mulhouse, France
Posts: 2822
15 years ago
Oct 12, 2009 0:55
RAJIB
MY PROJECTION FOR TODAY ARE AS FOLLOW
9844 WITH A RETRACEMENT OF 23PERCENT
9802 WITH A RETRACEMENT OF 61PERCENT
speculator
Posted Anonymously
15 years ago
Oct 11, 2009 23:54
yen should weaken against usd next week not sure about sterling yen
montmorency
Abingdon, UK
Posts: 610
15 years ago
Oct 11, 2009 23:51
Yes - Oct 12th Columbus Day - 2nd Monday in October, apparently:
http://www.buyusa.gov/uk/en/us_bank_holidays.html

mondo
portsmouth, UK
Posts: 22
15 years ago
Oct 11, 2009 22:24
is there a holiday in the us?