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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)
 
Boli Mekura
Guam
Posted Anonymously
13 years ago
Jan 28, 2011 16:56
catnip, are you still short gold?
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jan 28, 2011 16:29
gold jump above 1335
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 28, 2011 15:11
very errotic said :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 28, 2011 15:08
recent events good example of the "unexpected"
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Jan 28, 2011 15:05
wasn't a bad idea to go long wti... I am afraid more to come from the egypt case . Heard about riots in Albania, too. Where is Mr. Ahmadhinejad?
DaveO
UK
Posted Anonymously
13 years ago
Jan 28, 2011 14:57
They are worrying about Suez Canal now !
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jan 28, 2011 14:50
asad, i miss that post.
said
mulhouse, France
Posts: 2822
13 years ago
Jan 28, 2011 14:47
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 28, 2011 14:46
Crude is a question at mo. It hit my 127% typical target for completion of a corrective move from the high. If ashraf is right about immediate lower prices I wouldnt expect to see it go much higher here. If it takes out 87.40 I would be alerted that a simple correction to the bull market may have completed. On the other hand its position could be same as gold but with a shorter wave 3 than one would normally expect so wave 4 up would now be in progress. Hope not confusing you.
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Jan 28, 2011 14:42
Yes, not a surprise for me. CL rebounded off a key fib level overnight. However COT data is bearish for oil and I expect further downside pressure twds 80+
Gold however is looking good for a rebound if 1290 level holds.