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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
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Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Feb 24, 2011 20:12
Catnip, you are wrong.
Most of Lybian oil fields are in the eastern part of the country where Qadaffi apparently lost control.
Oil went up because of fear of he sending the army there to take control back.
So if Qadaffi is out of the game, then this fear is going to be priced out of crude oil price.
subway90
Posted Anonymously
13 years ago
Feb 24, 2011 20:11
Yoni...

i'm expecting test above 1.40 level in coming weeks...

if we keep pushing higher and break the previous high(3861)... expect continuation to 3950/60 b4 correction down... then higher to 4150 level..

if 3704 support breaks first.. expect correction down to 3650 intially then possibly to 3570/80 b4 heading higher to 3950/60 then 4150...
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Feb 24, 2011 20:10
Of course if this news was real, then oil would have been already below 90. But apparently it is not true.
What I wanted to mention is that we are witnessing the beginning of unwinding of speculative trades expecting another Armageddon. So watch out for this sooner than later.
Gold is already below 1400.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 24, 2011 20:10
If Ghaddafi is shot oil up not down.
Gunjack
London, UK
Posts: 1184
13 years ago
Feb 24, 2011 20:08
Don't deny the price of CL will eventually go down...but gaddafi being shot is not true. It was a rumour spread from a commodity prop desk
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Feb 24, 2011 20:06
Gunjack, if it was so fake, then CL would have snap back up. But CL is still down at 97. Qadaffi days are numbered. CL is going sub 90.
Gunjack
London, UK
Posts: 1184
13 years ago
Feb 24, 2011 20:04
Putko it was a rumour spread by some oil trader with a laarge short...it's not true
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Feb 24, 2011 20:03
*** RUMORS THAT QHADDAFI HAS BEEN SHOT...WATCH OIL FOR CONFIRMATION OF TRADE

Game is on. Watch out.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 24, 2011 19:49
I made the call yesterday
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Feb 24, 2011 19:49
Here is the beginning of the unwinding of the long CL / long GC / long SI / long Armageddon trade I was talking about yesterday.
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