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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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catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Feb 24, 2011 21:11
It's not over yet. Oil will go up once more.
asad
London, UK
Posted Anonymously
14 years ago
Feb 24, 2011 21:06
Gunjack,

GS is following pure CS!

You wanted to all the way fron 84 - 100, right? get ready to make the SAME money, albeit in an inverse trade... ;)


Asad
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Feb 24, 2011 20:38
tp gold short @1397.6 +14 USD per contract
Putko Mafani
Cape Town, South Africa
Posted Anonymously
14 years ago
Feb 24, 2011 20:30
Gunjack, ok. I do not need to see that GS is shorting in order to short.
I shorted today on the spike because:
1) COT reports is showing extreme long speculators position which is bearish for oil price.
2) Reports are showing oil stockpiles at Cushing are through the roof.
3) Apparently Qadaffi's days are numbered and risk premium is gonna fall (something I wrote here yesterday).
So these 3 are the perfect storm for short oil.
Nor
Lemberg, Canada
Posts: 249
14 years ago
Feb 24, 2011 20:03
catnip, oil/dow correlation been good, especially since 08..
gl all
Gunjack
London, UK
Posts: 1184
14 years ago
Feb 24, 2011 20:02
Yes the CL and ES inverse correlation has been alive and well all day today

btw the democrats have asked that fool Obummer to open up the strategic petroleum reserves
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Feb 24, 2011 19:57
No no it was King Abdallah read Reuters. Btw. a simple trick: oil goes up DOW goes and vice versa down i trade this pair with nice profits up and down.
Nor
Lemberg, Canada
Posts: 249
14 years ago
Feb 24, 2011 19:54
thanx Gunjack...makes sense now
Gunjack
London, UK
Posts: 1184
14 years ago
Feb 24, 2011 19:54
@Nor - rumour went round that gaddafi got shot...crude oil plunged, but the beloved dictator is alive and well according to newswires
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Feb 24, 2011 19:45
Gazprom did ...
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