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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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asad
London, UK
Posted Anonymously
15 years ago
Sep 4, 2009 17:27
Yeah Ashraf...and they covered by from me!!
Rob
New York, United States
Posts: 305
15 years ago
Sep 4, 2009 17:27
Hey Ashraf,

Hope you are enjoying your vacation. How do you feel about that AUD/USD trade now that the resistance was broken? And are you still standing firm with 148.00 GBP/JPY target?

Also, are you still bearish overall, despite equities barely budging downward? And, do you think the China QFII quota being raised will lift China (and world) equities even more?

Thanks
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 4, 2009 17:14
Said, thats what i will do for a quarter of it if we get to 1000.

Markets are taking off here-- shorts covering their positions ahead of the long weekend.

Ashraf
said
mulhouse, France
Posts: 2822
15 years ago
Sep 4, 2009 17:06
ashraf why dont u take profit on your gold holding for half of it and reinvested the proceed at the 200 MA?
said
mulhouse, France
Posts: 2822
15 years ago
Sep 4, 2009 17:04
ashraf
next weeek dow at 9100 roughly before bouncing back . is it possible . ave a good weekend
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 4, 2009 15:01
Azza, sugar was on a sugarhigh, propped by supply concerns ans was the ONLY agriculture commodity defying gravity while corn, soya and wheat were all down. therefore it is about time it drops off its highs, especially as OIL broke key support of 67.30.

Ashraf
Azza
London, UK
Posts: 6
15 years ago
Sep 4, 2009 14:25
Ashraf....I see sugar has absolutely crashed....would anyone know the reason behind it ? ~
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 4, 2009 13:20
annauel, exit strategy means when central babnkjs start to withdraw the extra liquidity that was injected in the system. At the end of that process thay start to raise interest rates. Another way of saying "normalizing" the situation".

SEM, I still prefer silver to gold even though i still hold both. I wrote in my Workbook (electronic guide on this side) that Gold/Silver Ratio will go lower.

Azza, You will find that a disappointing US jobs report will drag oil prices lower. And still a positive correlation between stocks and oil prices

Ashraf
Gunjack
London, UK
Posts: 1184
15 years ago
Sep 4, 2009 13:19
Azza IMHO this is the time to short Gold for a short term play. Last night it reached a peak of $999 oz but is pulling back since then.

Asad I'm hearing many ppl talk about natty gas...general consensus is that we could see it going below $2 per mln BTU as new liquefied supplies hit the market
Azza
London, UK
Posts: 6
15 years ago
Sep 4, 2009 11:59
Morning guys....went long on oil yesterday and scored a few pips ;) But am long term/short on oil...
Whats your opinion on gold over the next few weeks ?!~
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