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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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rrose
United States
Posted Anonymously
14 years ago
Mar 12, 2010 14:29
im in
chloethebull
Posted Anonymously
14 years ago
Mar 12, 2010 14:27
lol man these market just don;t make sence look @ the drop in gold...u know what every1 is right with there calls just need to wait an not get too gready i guess..lol..gl every1 hope were all making $ today
Salo
United States
Posted Anonymously
14 years ago
Mar 12, 2010 14:24
Dear Ashraf,

Thank you for the great information you provide through this website.

Do you believe that the coming few weeks or maybe couple of months present a lose/lose situation for Gold? My reasoning behind this scenario for gold is that, first, fears about sovereign problems have subdued for now. Second, if economic news keep improving along with stocks, especially in the US, then expectations for rate hikes would rise substantially. Last, in case stocks go lower, USD would rise resulting in weaker Gold.
I realize that Fed's commitment to "exceptionally low levels of the federal funds rate for an extended period" is stoking inflation fears, however, such commitment has been reiterated many times now to the extent that it can do nothing to gold price anymore, at least that's what i believe.

Thank you
said
mulhouse, France
Posts: 2822
14 years ago
Mar 12, 2010 14:20
I TOLD GLD AT 1117 RESISTANCE WAVE FIRST
SLOWLY IT WILL UP


RROSE U WERE SHORT AT 1108 YESTREDAY DID U CUT UR POSITION AT 1117 WITH SOME LOSS
OR U WAITED AND SAW(ITS FREITAG
rrose
United States
Posted Anonymously
14 years ago
Mar 12, 2010 13:43
gold going down
chloethebull
Posted Anonymously
14 years ago
Mar 12, 2010 12:28
well guys so far where 0-2 with retail sales coming soon..lol..an with our cad soo strong plus other countries currency stronger than the usd..im sure traveling to the states has pick up an cross border shopping has picked up im sure were goin to be 0-3 today on the data front...should have expected that usd strength only comes in the way of curve balls..i added a small position long usdcad an will grab more after the retail # drive us to 1.0120 ..not touching gold at all...might grab more oil shorts if we go over 83..ok gl today pl
rrose
United States
Posted Anonymously
14 years ago
Mar 12, 2010 11:57
gold will have to hold 1127 if not then its going higher and im out of shorts for now
Desi
UK
Posted Anonymously
14 years ago
Mar 12, 2010 10:33
Gold at the top of its down channel in the 1hr
pipster
Posted Anonymously
14 years ago
Mar 12, 2010 10:20
I've gone long Dow Jones. Nasdaq has moved ahead and S&P is following. I anticipate Dow to go up in line with the S&P. Also the weak dollar helps this as well
chloethebull
Posted Anonymously
14 years ago
Mar 12, 2010 9:58
ya i didn;t think it was a good sign when s&p closed @1150..not goin to be good for us shorts ohh well manage to lock in something this week..just wish i covered all my gold shorts..gl
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