Forum > View Topic (Analytic)
by Ashraf Laidi
Posted: Nov 24, 2008 3:56
Comments: 677
View Analytic
This thread was started in response to the Analytic:

EUR Trade Index 18-Year Chart

Daily EURO chart of 18 years of cyclical developments in finance & politics
 
Gunjack
London, UK
Posts: 1184
14 years ago
Jan 12, 2010 12:51
Asad Crude is down 1.4% today so you could be right. Wed data shd be interesting
Gunjack
London, UK
Posts: 1184
14 years ago
Jan 12, 2010 12:45
@Radu check the CME mate you should be able to get CL_F option prices from there. I get mine through work ( bbg terminal and in house trading systems) Don't trade them via a spread better as those guys are scammers and sheisters of the highest order ( Sorry Ashraf I don't mean any offence to you or CMC)
asad
London, UK
Posted Anonymously
14 years ago
Jan 12, 2010 0:09
Gunjack,

Check the recent volumes and it's not difficult to see that oil near 83 is PURELY artificial - the volumes are SO low!

Second, w/ the USD looking to breach 77, oil STILL hasn't reacted the way it should have!

Third, having maintained the 100-w MA, oil should have made a solid start to the week (even if we discount the China growth figs).

It could be a collection of these variables, or any single one, that makes me believe that oil is heading lower. Still, I could be wrong (so don't hold it against me later). The earnings season could add some flavor to the commodity (albeit, I reckon it will be a sour one).

Let's see - let's see...


Asad
chloethebull
Posted Anonymously
14 years ago
Jan 11, 2010 21:09
also ,could asian markets be waiting for the tone in the earning reports to decide which way it goes...sell crude gold or buy crude an gold??? i think alcoa beats street an risk appitite continues with weaker $$$..
chloethebull
Posted Anonymously
14 years ago
Jan 11, 2010 21:06
alcoa set to kick off quarterly results ..am i correct to think if they miss the street markets could sell off ..if the beat the street risk appitite continues an usd weakens?thanks
radu
bucharest, Romania
Posts: 203
14 years ago
Jan 11, 2010 20:51



Hi Gunjack ,

Can you help me a little please ?

Where (do you saw) or where can i see the oil"s options prices ?On CBOE maybe ?NYMEX?ICE ?

BTW , i saw last night , on twitter , on Radio Trading , if i remember good , some stuff about this close week oil"s options = in 2 words is possible more volatility lake usually
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 11, 2010 20:26
I remember Bob Pisani for years abusing gthe Gold bugs, always saying something to the effect of, "Nothing going on in the gold patch. Why waste money there when you can buy (overinflated-my word) U.S. stocks".

What he really was saying is, "My entire 401k and pension is in the parent company of CNBC, GE's stock-so please buy stocks to support my retirement.".

Isn;tit funny how Pisanio NEVER recognized or acknowledged the long basing pattern of Gold. Instead of explainiung to the masses that the longewr the basing pattern, the larger the breakout, he only encouraged people to p;ut money in equities.
Gunjack
London, UK
Posts: 1184
14 years ago
Jan 11, 2010 20:20
@Pippedoff - Can't stand Cramer and the other talking heads on CNBC whose only role is to act as cheerleaders for this "rally". Cannot believe Cramer actually ran money for others at one time!!!
PippedOff
Canada
Posted Anonymously
14 years ago
Jan 11, 2010 20:09
@Gun: he's got six weeks to be correct, and needs to overcome time-value of the option if he is not deep-in-the-money already.

It is utterly startling to me that Vix is pre-Lehman. Just shows you how complacent everyone is. After all, US market has rallied 65% off its lows.

What I found very humerous, and posted earlier, is that Cramer came out today pounding his fist that stocks are "about" to take off! About? Isn't 65% classified as a take off? And he was crying every day on the air at 6700, pointing fingers and exhalting the masses to NOT invest in stocks. This guy Cramer is nothing more than a front-running white-collar criminal. i admit he is very entertaining at times, and only in small doses. He is nothing more than a shock-jock of stock guesssers.
Gunjack
London, UK
Posts: 1184
14 years ago
Jan 11, 2010 20:07
@Asad you think Oil will break 80 soon...do explain your rationale for this??? I don't deny the fact taking a look at crude oil options there is a disconnect b/ween option prices and realised volatility, CL_F calls do look overvalued IMO at the moment.