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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)
do you know the reason(s) why there is a decorrelation between two Futures (same unedrlying) with different terms (July and September for example) ?
When I say decorrelation, i mean when one goes up, the other goes downwards.
Ashraf
You have told that Gold is anti-Euro but now do you think they act in the same way again ? Since Gold goes up while EUro goes up
Thanks Rim
Gold fell $4.00 on Wednesday, as the metal again failed to break resistance near $1215. Volatility has been declining in gold, with no catalysts on the horizon to break the doldrums. The technical outlook is simple for gold: resistance at $1215, support at $1185. You guys can play the break of either level with tight stops.
Silver on the other hand decoupled from gold, rising 0.33% on Wednesday. The move is not an indication of things to come, in my view, but rather normal fluctuation of the gold/silver ratio between 60 and 70.
http://dianchu.blogspot.com/2010/07/illinois-higher-default-risk-than.html
as for freerobot it will depend on ur entries levels so i can"t see the difference
if we go back to 1075 by friday, it will be definately the reversal of trend , which could eventually take down s & p to new low level, tomarrow u.s.a ppi numbers and corparate results are gonna be important, i personally believe next weak euro stress test will be scary and the q2 gdp numbers of u.s.a as well, people are still talking about less then 1000 level
someone answers!!!