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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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said
mulhouse, France
Posts: 2822
14 years ago
Feb 4, 2011 16:38
eh boli
http://www.infobretagne.com/morlaix-hopital.htm

" who wrote terminated..."
said
mulhouse, France
Posts: 2822
14 years ago
Feb 4, 2011 16:34
they give in london
they give in hindsigh.
Gunjack
London, UK
Posts: 1184
14 years ago
Feb 4, 2011 16:00
Have bot 89 strike puts in CL...am away from my desk now off for a wkend hol don't want to risk missing on a big dump later
Qingyu
manchester, UK
Posts: 1763
14 years ago
Feb 4, 2011 15:52
asad, i faint...only got a little bit...
Boli Mekura
Guam
Posted Anonymously
14 years ago
Feb 4, 2011 15:43
@Asad Re: Oil
This is what I meant with my comment regarding "who is the majority at risk here".
You answered it clearly: longs are the majority at risk. And a long squeeze is highly likely.
Next support below 90.10 is 89 and then watch out for 85.
Good luck.

@said now you know what I meant.
Gunjack
London, UK
Posts: 1184
14 years ago
Feb 4, 2011 15:30
@Asad I like your call...89.6-89.3 is region i will watch if we break that def worth joining in the selling...especially if Mubarak leaves w/out too much bloodshed
Qingyu
manchester, UK
Posts: 1763
14 years ago
Feb 4, 2011 15:29
asad, i thought crude is going to test 92 again. what do you think?
Gunjack
London, UK
Posts: 1184
14 years ago
Feb 4, 2011 15:29
@Said - I don't have kids and will certainly not go to australia...full of aussies/convicts lol!!!, most obnoxious ppl around
said
mulhouse, France
Posts: 2822
14 years ago
Feb 4, 2011 15:19
very good asad
i have nothing to add to you except the low part of the curve
please asad i appreciate when u give me more informations.
anyway thanks back door.
asad
London, UK
Posted Anonymously
14 years ago
Feb 4, 2011 14:59
This day trade thing - incidentally, the mother of necessity - is proving fruitful for me! :D

Anyway, I'm going short on oil. Gold has hit a TT - it is, at least technically, due for correxion - and this alone is sufficient for me to be short-term short on CL. Back this up w/ my gut, I think CL would reeeeeeeeeeeeally struggle to break 92.50 (barring any further political developments).

Here I've given myself three reasons (excuses to some) to stay short on oil. Let me tell you one thing - if it breaks to ~89, they're literally going to DUMP it to 84/85 within a session and a half.

I'll repeat (& remember I wrote this to you): they're going to DUMP it 400-500 pips should in about a session or two should things go back to normal. And they're going to do it near the weekend!

All you CL bulls, stay on guard...


Asad
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