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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)
 
Qingyu
manchester, UK
Posts: 1763
13 years ago
Dec 21, 2010 10:51
HK stock rise...
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 20, 2010 18:40
the day by day crude gold silver charts show a remarkable dependence on time of day. And it is periodic.
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 20, 2010 18:33
@Said Lots of ppl calling for 100 in CL next yr...I don't like that, as im a contrarian at heart. But i would love...LOVE for CL to get that high only so I can short the hell out of it. Bcos I think USDx will rise next yr, maybe around summer time and that combined with PBOC rate rises (inevitable) and weak global economy will hammer crude down...could even allow me enough cash to relax for rest of yr and just chase birds...lol!!!
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 20, 2010 18:24
@Asad I think BP is a good longish term punt now...Once this US lawsuit gets resolved or a compensation fig is reached then can see BP share px rising...btw I think BP will go on a acquisition spree next yr...look to acquire asian producers
said
mulhouse, France
Posts: 2822
13 years ago
Dec 20, 2010 18:24
@gunjack
it might break even below the 80 to the 78. this is the support for my 96/97 level if we dont have a continuation pattern till february.
by april may oil will be at 103/104. this is the early move to consolidation.
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 20, 2010 18:10
Anyway it's all about US tsys now anyway, as they drive the USDJPY pair which drives gold and CL. The bond vigilantes are the ones to watch alongside the PBOC
Gunjack
London, UK
Posts: 1184
13 years ago
Dec 20, 2010 18:07
@Said there are lots of buyers in CL around 87.5-70 region, it tried to test that level today and the buyers rushed in to push CL close to 89 again...but if we B/O lower then we could see 86 or 85.
said
mulhouse, France
Posts: 2822
13 years ago
Dec 20, 2010 17:43
said
France
Posted Anonymously
13 years ago
Dec 20, 2010 16:18
we are heading to the 80 and below level given by aska gunjack by january.
we are getting out of the descending triangle in usdcad. the same level of 1.0750 kept
Qingyu
manchester, UK
Posts: 1763
13 years ago
Dec 20, 2010 12:59
fear will retreat, maybe you should buy small amount like me.

in main land china, stock market is nothing about investment. that is a big casino, also ATM for rich and powerful people.