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Posts by "asad"

793 Posts by Anonymous "asad":
asad
London, UK
Posted Anonymously
15 years ago
Sep 9, 2009 20:42
Forum,

I suspect a USD rebound...
asad
London, UK
Posted Anonymously
15 years ago
Sep 9, 2009 19:01
Ashraf,

72.52. But I'm very VERY happy. The higher oil goes, the more range it'll give me to short down to 60! It's utterly nonsensical. If oil stays above 70...economic recovery will be out the window...which will in any acse reduce demand for oil...which will in any case reduce the demand, and price, of oil! In any case, oil's heading down. Catch 22!
asad
London, UK
Posted Anonymously
15 years ago
Sep 9, 2009 11:15
Said,

IPI is an acronym for the Iran-Pakistan-India gas pipeline project (not oil?)...and I believe we are talking about the same pipeline. But Pakistan will only be collecting transit revenues from Iran. Does it benefit the country in any other way?
asad
London, UK
Posted Anonymously
15 years ago
Sep 9, 2009 11:11
Spec,

...is that why he left NY? :p I think he chooses to reside in the country he invests in. Verily, Norway is Sweden's good neighbor. :p
asad
London, UK
Posted Anonymously
15 years ago
Sep 9, 2009 11:06
Ashraf,

Good call, indeed. How many times do we agree on oil's direction? :)

I believe that the market is acting irrationally/erratically...but being a true investor at heart, I tend to look AT LEAST over weekly horizons instead of daily trading. I too believe that oil should be coming down back to 68s...and subsequently to 65 and so forth.

Thanks again & let's wait...
asad
London, UK
Posted Anonymously
15 years ago
Sep 9, 2009 3:02
Forum,

With OPEC presumeably leaving output unchanged...and the API data showing a decline of 1.5 m barrels, what direction do you reckon oil would take?

Ashraf?
asad
London, UK
Posted Anonymously
15 years ago
Sep 9, 2009 3:02
Forum,

With OPEC presumeably leaving output unchanged...and the API data showing a decline of 1.5 m barrels, what direction do you reckon oil would take?

Ashraf?
asad
London, UK
Posted Anonymously
15 years ago
Sep 9, 2009 2:49
Said,

What did you state about the pipeline in Pakistan? Are you talking about the IPI? Can you please elaborate? Thanks!
asad
London, UK
Posted Anonymously
15 years ago
Sep 9, 2009 0:44
Qin,

Forget Asraf...EVEN I said that oil was heading for 65...but it didn't! But does that mean you start rubbishing everyone? Ashraf and I were talking based on MARKET ANALYSIS - technical & fundamental, respectively - which doesn't ALWAYS work! But trust me, neither he, or me, is wrong! It's the market that has gone berserk for NO apparent reason! If the market WERE INDEED to go by tech & fund analysis...then oil SHOULD have been at 65...even 60 (and you will see it will be).

I've got a better idea though. How about you set up an online forum and we all believers will migrate to your site. And if you go wrong EVEN once, you'll have to take the shellacking! And then we'll see HOW you feel?

I mean...HOW can you have the audacity to enter someone's home and routinely embarrass them?
asad
London, UK
Posted Anonymously
15 years ago
Sep 9, 2009 0:33
Chloe,

Yeah...depends on how much of this is in the black market! :p Usually, uranium and AUD have a +ve correlation...