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Posts by "asad"

793 Posts by Anonymous "asad":
asad
London, UK
Posted Anonymously
15 years ago
Sep 2, 2009 23:54
Gunjack,

CMC news feed is PRETTY good - DJ wire. Real-time to the second! If I'm correct, you get the SAME information that a Goldman or Morgan trader would get in SAME time.

I believe it works w/ all browsers (I initially ran it on Mac Safari). The ONLY problem you'd face - I faced it - is if you don't have Windows OS. I have Mac OS & I had to install Windows on my Mac (now my Mac runs BOTH Mac & Windows OSs *glee*). Otherwise, it runs like a dream.

But hey, if you DO take up an a/c w/ CMC, WHY would you do it online? You could download the platform on your machine (strongly recommended!)...
asad
London, UK
Posted Anonymously
15 years ago
Sep 2, 2009 23:46
Ashraf,

REALLY?! You work for CMC? :p You think we don't have televisions? You're a famous man, my friend! Don't underestimate yourself. As I said, Blankfein has his eyes on you! He's thinking of filling the void BDT left at GS... :p
asad
London, UK
Posted Anonymously
15 years ago
Sep 2, 2009 23:39
Ashraf,

Not that I'm saying s/thing that hasn't been said already, but let me tell you: You are smart & you KNOW that you are! The flip side of QE is h-inflation...which is expected to set in s/time within next year. Yes, gold WILL touch $1100 next year...but in terms of alternate investment, why not oil? Or both? QE -> inflation...high oil prices -> h-inflation...h-inflation -> high gold prices!

Smiler, oil is flirting with my 66.80 short - it went as low as 67.05. I was 'live' when it touched...but didn't want to be this audicious to buy & go long (hey, I may be coming across as a kamikaze...but am PRETTY tight w/ discipline). 69 looks pretty sexy @ the moment. What do you say Ashraf?

Btw, keep your eye on coffee - the market is showing us the right...but could give us a left w/ coffee, sugar & wheat! Verily, money should swing markets like a drunken monkey (like I played a quivkie w/ the Footsie yes'day - in & out). If oil reaches near 60...I'm very VERY tempted to go into human necessities. Any common thinkers...
asad
London, UK
Posted Anonymously
15 years ago
Sep 2, 2009 14:28
So for all & sundry deprived of a Reuters/Bloomberg terminal...just open a CMCa/c & all the info is yours...
asad
London, UK
Posted Anonymously
15 years ago
Sep 2, 2009 2:23
Ashraf,

I meant CMC a/c... :)
asad
London, UK
Posted Anonymously
15 years ago
Sep 2, 2009 2:23
Ashraf,

Even if you have a CM a/c, I believe you get instant, live updates. No?
asad
London, UK
Posted Anonymously
15 years ago
Sep 1, 2009 23:49
Smiler,

I'm going ~65 short and then long b/w here and 67.50...and then short again (remember the 'step' I mentioned earlier - from 72 to 68.50 short, then long to 70.50 (quickie)...and then short again). Do you know what I mean?
asad
London, UK
Posted Anonymously
15 years ago
Sep 1, 2009 23:45
Ashraf,

Wait. Do you mean $72 next resistance...as in 70+2? I mean why would oil rise to 72 again? I missing s/thing here, right? Reply early if you can please - I'm busllishly bearish (massively short).

Spec, Qin, I believe 'occurs' ONLY on the forex forum. Spec, why would you sit on the sidelines in the oil market? Give me ONE technical or fundamental impetus that could bolster oil prices at this stage (barring the Israel/Natanz scenario, which could happen at ANY time really)? The only way it's heading momentarily is down.

I reckon (don't take me as seriously as you take me on oil) the correction in US equities will be down to level 8200. I don't know - time will tell...
asad
London, UK
Posted Anonymously
15 years ago
Sep 1, 2009 21:11
Anauel,

"why should a sell-off occur when the ISM data are better than expected???"

Market rule #1: Buy on rumor...sell on news! :)
asad
London, UK
Posted Anonymously
15 years ago
Sep 1, 2009 21:09
Gunjack,

~66.80 is the answer to your question.

Spec, I'm no Qin...so please, respect. I'm not playing w/ my emotions. I'm letting my analysis, fingers & trades doing the playing. Bear in mind I told the Forum three things in the lasr 24 hours.

- OIl wouldn't go beyond 70.60 on rebound (it touched 70.64 before rescinding)

- Following this mark, put your shorts around 68.50 (currently it's 68.21)

- Footsie would take a beating (you yourself posted about my forecast in the morning)

The rest is history! What I am concerned about is if Smiler banked any profits...and Radu...I wish that guy took s/thing out of it. For Qin, yeah...I banked on all three trades above.

I'm still saying boys & girls...stay short until 62 (in steps, managinf risks, ofcourse) at least. There is money lying around. Bank it...