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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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Ashraf Laidi
London, UK
Posts: 0
15 years ago
Sep 10, 2009 5:42
One thing we should all retain is that the "noise element" in these markets is rather significant and overshoots are being exagerated before technical targets are reached. Always remain conservative in margin usage.

Ashraf
said
mulhouse, France
Posts: 2822
15 years ago
Sep 10, 2009 4:37
asad
dow futures at 25 up
oil at 71.86 asian trading
treasury at 3.48 on the uptrend
all the ingredient for a good nordic cake
just place ur stop loss at 71.2
i try to understand from my side too; i amnot an expert but when market tend to move on both side or i wait and see or i stop a thin stop loss computerized.
i know oil has gone astray with three dollar on two side the last days but i was expecting such move not of that amplitude.
good quick snap.
FXHandler
Norway
Posts: 195
15 years ago
Sep 10, 2009 4:22
But, positive, I finally got my book!
Good job Ashraf!
FXHandler
Norway
Posts: 195
15 years ago
Sep 10, 2009 4:21
Hi guys,
oil going up, stocks are up.... how much more are they goona squeeze out of this market?
Tired of waiting soon... Well, I need more patience, I can't see this just going up and not stop...
Friday, let's see. If not I will not look at any charts for the rest of this month. :(
asad
London, UK
Posted Anonymously
15 years ago
Sep 10, 2009 3:44
Said,

Look...if oil goes above this level, then we may as well put our limits at 85 and go to sleep (although I'm thinking of putting a stop at 65 and going for short, quick naps). Try justifying ANY rise above the current level...
said
mulhouse, France
Posts: 2822
15 years ago
Sep 10, 2009 3:15
rob asad

look for some positive outlook friday
hogan heroes are back......for a short period
asad
London, UK
Posted Anonymously
15 years ago
Sep 10, 2009 2:49
...and HEYYYYY, it's a weekend! ;)
asad
London, UK
Posted Anonymously
15 years ago
Sep 10, 2009 2:48
Said,

I don't know about angry...but fasting IS making me hungry! But yes, not eating pizza, not sipping coffee...and above this, getting hammered in the market should make one angry! :p

Rob, SOME rationality HAS to prevail. I don't know HOW big a crash they want? Don't worry...9/11's just around the corner... ;)
Rob
New York, United States
Posts: 305
15 years ago
Sep 10, 2009 2:22
I agree asad, but it sure can be frustrating to be rational in an irrational market!
said
mulhouse, France
Posts: 2822
15 years ago
Sep 10, 2009 2:21
good evening asad
is fasting makes u angry?
now what; some reluctant institutional investor in some rest of good mood.
that gonna makes the oil go up. check the dow future; its gonnabe positive
keep on surfing the oil trend.
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