Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
Qingyu
manchester, UK
Posts: 1763
12 years ago
Nov 23, 2011 22:38
from tealeaf reading, spx may test new low of this year.

and european stocks may need to test 2009 low, why not? serious crisis just like 2008-9.

cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
Nov 23, 2011 21:24
rumors on invasion of Syria triggering Iran to retaliate .... that is ( if not just another rumor)
a long call on brent
Gunjack
London, UK
Posts: 1184
12 years ago
Nov 23, 2011 15:10
final short position from last week in CL covered at 95.60....+700 ticks. May I thank all those who kindly went long over 100 in CL, bcos without you some of us would have to work for a living lol!!!
Gunjack
London, UK
Posts: 1184
12 years ago
Nov 23, 2011 15:07
Hey Dave I will take the boaster calls all day long. No need to be grumpy cos you missed the drop in CL hombre.
cc
hk, Hong Kong
Posts: 2
12 years ago
Nov 22, 2011 18:59
cc
hk, Hong Kong
Posts: 2
12 years ago
Nov 22, 2011 18:06
Dear all,


S&P 500 Daily from 1 October 2007 to 31 March 2009
http://imageshare.web.id/images/jlkysuizjy5jo67689q8.jpg
http://imageshare.web.id/images/oadzo9ge93xyun2n3os2.jpg


S&P 500 Daily from 1 February 2011 to 31 July 2012
http://imageshare.web.id/images/09bfix9jpg7c590x7mhy.jpg
http://imageshare.web.id/images/c8sa22b8s1azsd3dyuqh.jpg


Too good to be true? Any idea?

Will Hong Kong stock market follow?

Thx all.
DaveO
UK
Posted Anonymously
12 years ago
Nov 19, 2011 1:18
@Olivier,

I prefer to try give useful information in this forum rather than meaningless gut feels or boaster calls. Most of it falls on deaf ears with a lot of ego trips. So nice to be appreciated once in a while:-)

Right now I am bearish since CL broke the trend support today.

If price were to reverse up and take the 103.37 high before making some pattern down on daily t/f I should be looking long for next upside target at 106.30. See if it reacts there and be ready to stop and reverse. No reaction would stay with the trade.

On the downside which I currently favour I am looking for near term targets at 94.80 and/or 93.35 for likely reactions. I don't attemp to forecast too far ahead even though I have a longer term perspective bias. Its more profitable to take one stage at a time.
Olivier
London, UK
Posts: 63
12 years ago
Nov 18, 2011 9:28
Wow DaveO, I hadn't heard of the special 0.707 crude level...
147.90 - 33.19 ---> retracement topped out at 114.82 and 70.7 fib is at 114.29
114.82 - 74.95 ---> retracement topped out at 103.36 and 70.7 fib is at 103.14
you can't get any closer than that on such long timescales.
Big clap to you.
Would you be looking at a 4H or Daily or Weekly close above 103.14 for a bullish case to retest 114.82 ?
Tia
Gunjack
London, UK
Posts: 1184
12 years ago
Nov 18, 2011 7:43
covered another 1/4 @ 99 (this morning) +365 ticks. just got 1/4 posn left
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Nov 18, 2011 1:20
Ok guys, how many times have I told thee that CL likes the 70.7% ret #. In this case at 103.15. Last case was the 2nd May high. Its as simple as that sometimes.