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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
I saw the bounce in stocks coming mainly based on technicals. At least from my point of view. But someone could tell you that they saw it coming due to fundamentals.
Juno,
I use ES (S&P500 futures) for my Premium service. we tested 1172, which remains key resistance. For S&P500 cash, its 1178, so if you want to short, place stop above that.
Khaled,
I went short gold and silver while going long euro, stocks, etcc. got stopped out in silver, survived the gold short before it hit my target. i think metals have a few more leg downs before ultimately rallying.
Ashraf
Taking a short on SP500 here, i see volume was light on this rise , maybe another push tmw before a drop.
Careful here guys.. Big bounce coming up in next 2-3 days
Ashraf
Ashraf is it based on fundamental or technical analysis and will oil follow...?
TIA
R
A
I APPPRECIATE IT SINCE I JOINED LOTS OF IMPROVEMENTS WERE DONE IN STRUCTURING DEALS ..
KEEP IT UP
SARA
My service provider provides US Light crude only