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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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Qingyu
manchester, UK
Posts: 1763
11 years ago
Oct 2, 2013 12:27
no, oil not like metals. opec can reduce production, who gonna close iron ore mine?
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 2, 2013 12:23
In reply to Qingyu's post
I agree re impending upside. Check out Dax/oil correlation fractals, you can spend many happy hours looking for fractals :-)
Qingyu
manchester, UK
Posts: 1763
11 years ago
Oct 2, 2013 12:19
In reply to DaveO's post
ahhhhhhh, no!!! :(
Qingyu
manchester, UK
Posts: 1763
11 years ago
Oct 2, 2013 12:19
i meant we r at feb 2011 low for upside.

only if china fail, we back to 90.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 2, 2013 12:19
In reply to Qingyu's post
you into fractals now Q :-)
Qingyu
manchester, UK
Posts: 1763
11 years ago
Oct 2, 2013 11:52
since crisis oil price bounce between 70-90 till 2011, which china saved the world. and every time china reduce import oil drop to 90 level.

i believe oil chart just like 2010-2011 pattern, i.e. feb 2011 low.
Qingyu
manchester, UK
Posts: 1763
11 years ago
Oct 2, 2013 11:05
why do u think oil will be different than metals? i knew china got more than a yr they needed in cooper, iron ore face more supply.

i think only western slow down gonna drag oil lower.
Somali Pirate
Canterbury, UK
Posts: 0
11 years ago
Oct 2, 2013 0:19
Markets did shrug off US govt shutdown...though funny biz going on in bonds and repo mkt.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Oct 1, 2013 20:30
stock indices held up remarkably well today, perhaps a repeat of 1996 in the days ahead.
Qingyu
manchester, UK
Posts: 1763
11 years ago
Oct 1, 2013 16:47
they just added stock on sep, i knew some rumours about q4 drop on commodities.
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