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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)
Stop is on an intraday basis, cause NG is very volatile. It could run away very fast.
As I wrote below: current stop is at 3.935. Price objectives and first resistanc is written below.
GL
Yesterday I mentioned that gold/silver ratio is at ST extreme. So it relaxes a little bit today.
GL.
See ya.
NG moving today to the upside, while CL moving to the downside.
Remember that oil/gas ratio I mentioned last Fridayd and yesterday. It is moving now to the downside to relax the strain a little bit.
Potential for NG (march'11 basis) is 4.080 ST if/after 4.003 is broken to the upside. Stops at 3.935.
GL.