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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:

Commodity FX (CAD AUD NZD NOK)

Discuss Commodity FX (CAD AUD NZD NOK)
 
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 10, 2010 14:51
Said, do you still see 1167 in gold?

Ashraf
rkkashmir
Posted Anonymously
14 years ago
Mar 10, 2010 14:48
Just read the latest IMT. He is still warning of pullbacks in comodity currrncies, lol.

I am adding to gold, silver, aud/usd and nzd.usd longs on this contrarian indicator IMT.

Hate to harp on a subject, but he has been dead wrong on commodity calls lately.
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 10, 2010 14:28
RBA pound down USDCAD to prop up audusd YET AGAIN
said
mulhouse, France
Posts: 2822
14 years ago
Mar 10, 2010 14:04
SORRY EELMAN DIDINT UNDERSTAND IT THAT WAY

THKS ANYWAY
Eelman
Maine, United States
Posts: 93
14 years ago
Mar 10, 2010 13:51
Said, that is exactly what I said
rrose
United States
Posted Anonymously
14 years ago
Mar 10, 2010 13:48
xaron when you are looking for the end of wave five thay do
said
France
Posted Anonymously
14 years ago
Mar 10, 2010 13:42
EELMAN

EVEN IF U ESTIMATE THERE ARE NO FUNDAMENTAL FOR SUSTAINING THIS LEVEL IN OIL PRICE ONE HAS TO MIND THAT AS LONG AS WE HAVE A RALLY IN EQUITIES OIL WILL STAY CORRELATED; THE MONEY PRINTING PROCESS HAS ENRICHED THE YIELD VALUE HUNTING ACROSS ALL CLASS ASSET
I TOLD DOW AT 9500 BUT WE WILL NOT REACH IT RIGHT NOW.
FIRST FOR END WEEK DOW AT 10475 AROUND THNE BACK UP ABOVE 10800 LEVEL

SO I EXPECT A PULLBACK IN OIL PRICES ON THE EQUITIES PULLBACK.
Eelman
Maine , United States
Posted Anonymously
14 years ago
Mar 10, 2010 13:30
Even on the reports of massive builds in crude, it will dip slightly and then catch a bid sending it soaring. With oil there are absolutely no fundamentals to support this price. It is just another investment vehicle, like equities or gold. All of which is constantly being propped up by the PPT. Most oil industry people say that fundamentals would have the price around 60-65.
chloethebull
Posted Anonymously
14 years ago
Mar 10, 2010 13:18
@pippedoff, look out fx street just said usdcad an crude inventories could be the spark to ignite a sell off in crude..which means there prob gonna be a draw down..lol..instead of the usual massive builds..i think the bar might be set too high today...there looking for a build over 6mil barrels might be to big to reach ..lol..i sold my 1.0244 @1.0265..but moved the $$ into short on crude which im willing to cover quickly on crude invent...crude shorts @81.90 looking to cover sub 80buks..gl
PippedOff
Canada
Posted Anonymously
14 years ago
Mar 10, 2010 13:14
another beat-down on USDCAD being administered by the RBA. They received my fax.