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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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asad
London, UK
Posted Anonymously
15 years ago
Jul 1, 2010 19:58
Lucky,

I don't do gold...but my understanding (just like EVERYONE on this Forum) was that 1250 was funny. Because it's a massive correction today, we can expect it to return to 1220s within the next 3/4 sessions.

GBP depends on what your trading horizon is - short...


Asad
lucky
ibadan, Nigeria
Posts: 377
15 years ago
Jul 1, 2010 19:51
asad whats your stake on gold and gbp please
lucky
ibadan, Nigeria
Posts: 377
15 years ago
Jul 1, 2010 19:48
asad i closed long the moment it break 7750 to go short again thanks for your concern
asad
London, UK
Posted Anonymously
15 years ago
Jul 1, 2010 19:45
Catnip,

I agree w/ you that it's highly possible! The markets are, and really...about to, take a turn for the worse...so either it's preventive, or forced, liquidation by the funds! Let's not forget we were fighting the wrong enemy until now - inflation. The real enemy is the looming deflation...


Asad
asad
London, UK
Posted Anonymously
15 years ago
Jul 1, 2010 19:43
Lucky,

Mate, stay here and answer this! You come once a month to prophecize 'buy oil, go long oil...' and when it collapses (as per my retaliatory prophecy), you disappear. Recently, when oil was 78.5, you asked e/one to go long - I came and wrote it was a beautiful short (& a couple of days ago at 75, that it was heading towards 70).

So what's your take on oil? Did you go long at 78 and now feeling it? Just asking...


Asad
lucky
ibadan, Nigeria
Posts: 377
15 years ago
Jul 1, 2010 19:35
is any body buying gold now
catnip
Frankfurt, Germany
Posted Anonymously
15 years ago
Jul 1, 2010 19:16
I don't concur with Ashraf on Gold. I think its really sell off by cash strapped funds. It could be
yes worries on EUR get a bit out of focus temporarily as there are bigger worries but nevertheless
eurozone is as vulnerable as before.
rrose
United States
Posted Anonymously
15 years ago
Jul 1, 2010 19:03
zee thank you . soon< but for now go long gold stops at 1204 might be a short bottom very little risk
ZEE
Canada
Posts: 20
15 years ago
Jul 1, 2010 18:43
@chloethebull , thanx bro, please do update as when u think oppurinty will arrive, happy canada day
ZEE
Canada
Posted Anonymously
15 years ago
Jul 1, 2010 18:34
good assessment rrose, clearly u r the winner, advice me a trade for now, what u see about gold , oil, n s& p at this stage?

i'll apprecaite ur responce on it
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