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Posts by "asad"

793 Posts by Anonymous "asad":
asad
London, UK
Posted Anonymously
14 years ago
May 19, 2010 1:13
Gunjack,

Sorry, but are you sure of what you wrote in your comment? I mean I NEVER ask for personal stuff...but I can't resist ascertaining what you wrote below - so far, what you've written, has been gossip & speculation to me. But are you confirming that they REALLY do it?

Hope you realise that I'm not as naive & innocent as I may pretend to be...but there's a huge difference b/w making an educated guess & having it confirmed!


Asad
asad
London, UK
Posted Anonymously
14 years ago
May 18, 2010 17:33
Lucky,

The outcome of the meeting COULD have been unfavorable - favorable for oil - had Iran not decided a couple of days back to ship its uranium to Turkey for enrichment.

If the sanctions go through, expect a $2-ish rise...but I expect China & Russia to oppose it. in which case it WON'T get passed.

Otherwise, it seems oil bad days are over...and it would only gain in the coming days (barring another shocker).


Asad
asad
London, UK
Posted Anonymously
14 years ago
May 17, 2010 22:33
Oops :$ the asterik didn't serve the purpose, did it? :( Sorry Ashraf...


Asad
asad
London, UK
Posted Anonymously
14 years ago
May 17, 2010 22:32
Catnip,

i don't give a F*UCK what way oil goes - your reasoning is SO blue-sky, out-of-the-box! :) No, serious...


Asad
asad
UK
Posted Anonymously
14 years ago
May 17, 2010 20:20
Lucky,

I'm w/ you...


Asad
asad
UK
Posted Anonymously
14 years ago
May 17, 2010 18:49
Lucky,

I put major longs (in a while) on crude...w/ tight stop losses (keeping in view the volatility)! Let's hope it works. There's an increasing chance though that oil'll touch 67. Have it covered as well. As I said, I'm MORE investing than trading now...


Asad


P.S. Catnip, GREAT to have the technical side of you around! :)
asad
London, UK
Posted Anonymously
14 years ago
May 17, 2010 0:04
Catnip,

So are you trying to suggest that BP should sell itself to the British government...we should liquidate our oil holdings...and Ashraf should close 'Gold, Oil & Indices (Equity & Bond Indices)' thread...and that me, Lucky, Gunjack and Chloe should start seeking government benefits (me & Gunjack would staaaaaaarrrrrrve to death as our government ain't got no money, baby)?! IS THAT WHAT YOU'RE TRYING TO SAY??!!

If a/thing...think about Chloe's li'l puppy. Who will feed her. DOES THAT MAKE YOU THINK?! I know...you want us - BP, hedge funds, me, Chloe, Lucky & Gunjack - to liquidate so that oil collapses to 61.50 o/night and then you can take it from there (we are HUGE players, afterall, you know).

Catnip, you've been exposed. Prepare to defend yourself. Im drowning all your positions (umm, hope you aren't short)...


Asad
asad
London, UK
Posted Anonymously
14 years ago
May 15, 2010 1:19
There is s/thing EXTREMELY suspicious about the CL contango. Either the Jun contract has to increase...or July has to decrease...by the end of this month. & I reckon the latter will happen. & by the looks of it...the latter will happen. So why not go short July?

Also, it seems that money is flowing from oil into gold - they've moved inversely for most of the week. Are we seeing in gold what we saw in CL in 2008? Have the investors dumped CL and moved onto gold? All this talk of 70 being support is crap, I think. They're the one who form consensus on support...and they're the ones who smash through it.

Lucky...you've been pointing for days that they're buying slowly - well...they've been buying and then shorting it. CL has been going down for days now. I agree that oil will eventually go up...but there is s/thing VERY fishy going on around this time...


Asad

P.S. I'm buying CL at every dip the market takes (w/ SLs, ofcoutse).

P.P.S. When was the last time Ashraf visited this side of the Forum?
asad
London, UK
Posted Anonymously
14 years ago
May 14, 2010 14:11
Lucky,

I already swooped mine at 72.85. But you're right, it should, and will, go to 70...the way things are looking. Waiting for 1430...


Asad
asad
London, UK
Posted Anonymously
14 years ago
May 14, 2010 12:06
Stationdealer,

DON'T bank on the scenario! Let baby come as nearer to papa as possible. Say, if PBoC increases interest rates today, do you STILL think it'll be oversold? No. Oil would drown by another 10%.

It ain't oversold until it actually IS...


Asad