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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
13 years ago
Sep 2, 2011 20:43
dunno, tp around previous high, no guts bear...
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 2, 2011 20:38
NYSE internals all well neg today except very surprising the VIX not a lot higher.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 2, 2011 20:35
will likely see some small ret before new high. And new high could extend to 3000, who knows :-)
Qingyu
manchester, UK
Posts: 1763
13 years ago
Sep 2, 2011 20:14
ah, i mean gold will have new record high, already in this time.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 2, 2011 19:12
No, dont wait, find a legitimate long entry on smaller timeframe with tight stop. The recent entry was at 1845.50 futures
Qingyu
manchester, UK
Posts: 1763
13 years ago
Sep 2, 2011 19:03
that is good, wait to see new record high.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 2, 2011 16:05
its a case of getting the "feel" for the fear factor. Yesterday gold not too sure about stocks direction. Today confirmed reversal south again for stocks.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 2, 2011 16:03
yes but if you were tracking the ES futures they were falling again after yesterday reversal on daily SPX, Dow etc. London open pushed down further.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Sep 2, 2011 15:54
most of gold surge today before NFP, around london open.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 2, 2011 15:49
The inverse correlation for gold/stocks still holding ! Very nice $57 move up today in gold, equally nice move down in stocks.