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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
Oct 14, 2009 0:17
Poborsky,

Did you say oil will test $100. We're obviously not on the same planet!

Seriously, what makes you think oil will test 100? Supply's near its highest and demand's weak. I'm shorting at 75.10 and staying there for the next few weeks. I see a beautiful band of a least $5 (if not $8).

Gunjack, so you think that there's no stopping oil if it crosses 76.2 (just for fun and devoid of any fundamentals?). I mean, has one of the Big Oil decided to make candies instead of oil? Gold's surge is understandable, but oil has no metal to it (proverbially).


Asad
said
mulhouse, France
Posts: 2822
15 years ago
Oct 13, 2009 19:34
RAJIB
DOW TOUCHED ITS 9844 LEVEL TODAY NOT YESTERDAY;
said
mulhouse, France
Posts: 2822
15 years ago
Oct 13, 2009 19:32
ASHRAF, FORUM
DOW REACHED 9840 POINTS
DO U THINK ITS HEADING TO SEPT LOW OF 9420 .THE PREVIOUS WAVE AS COUNTED TILL TODAY GIVES US A REVERSED ZIGZAG OR A WAVE ONE COUNTING;
DO U HAVE ANY FORECAST ON THE DOW THE WEEK THAT WILL HELP ME VALIDATE SOME SCENARIOS;
THANKS
radu
bucharest, Romania
Posts: 203
15 years ago
Oct 13, 2009 14:59


Maybe today is the day.......on WTI...........
New Pip
birmingham, UK
Posts: 84
15 years ago
Oct 13, 2009 14:29
Ashraf,

USD must be really weak that sterling is making a strong pullback (which is a already classed as a weak currency)

Are we still capped at 1.5860

Thanks
poborsky
Torrevieja, Spain
Posts: 7
15 years ago
Oct 13, 2009 14:27
My thoughts on oil are that demand is maybe still weak but supply is still struggling even so. I expect the price to break up and test 100$. Hope I am wrong on this one.
radu
bucharest, Romania
Posts: 203
15 years ago
Oct 13, 2009 14:05
WTI under74
Maybe finally is going down
Gunjack
London, UK
Posts: 1184
15 years ago
Oct 13, 2009 13:43
Was thinking the same on oil...short as close as possible to 75.4...Though a break and close above 76.2 and it will be time to start riding the wave up
asad
London, UK
Posted Anonymously
15 years ago
Oct 13, 2009 13:28
Ashraf,

Is this the other way of saying we can go short on oil above 75?
radu
bucharest, Romania
Posts: 203
15 years ago
Oct 13, 2009 13:08



Hy Said ,
Earnings on ibm will come thursday after the close
For the usa earnings you can check -it"s free-http://briefing.com/investor and then click on calendars-earnings
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