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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)
 
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 4, 2010 0:19
i am short on oil cause every body will believe oil is going up know
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 4, 2010 0:17
oil is going to stay in interval of 82-87 area for now stay short
asad
London, UK
Posted Anonymously
14 years ago
May 3, 2010 22:52
Guys,

Don't you think you've missed the tide?! get in now & get burnt!

The last time crude touched 81.50, I've been screaming since then that the Cartel is buying oil. Remember ALL signals at that time were short - GS lawsuit...Greece/Portugal downgrade...& even the oil slick hadn't taken place. I believe I'd been extremely categorical in giving buy signals...on the back of some solid information.

If nothing untoward happens in the coming days, oil is set to stride...


Asad


P.S. Hey, I'm the bearEST of the oil bears (as Gunjack would tell you, complainingly :p )...and if IIIIIIII am long...you guys have to reason that! ;)
chloethebull
Canada
Posted Anonymously
14 years ago
May 3, 2010 20:42
doin some more thinkn ..an im 100% sure this is nothin more than a wall street recovery..think about it..with strong us data coming out week after week..the fed will not raise rates with fear that it will hurt recovery but yet they say 90buk crude could hurt recovery...but if u look @ it 90buk crude hurts main street..an raising rates hurts wall street due to the fact they can;t borrow cheap money to put into the markets ....but yet instead of keeping oil cheap which it should be basd on fundal...they allow oil to sky rocket up putting strain on main street an keeping rates cheap so all there buddies can get richer...lol gotta love the markets..ohh ya did ya hear the latest on goldman apparently the sec told them they were being investigated so top exec dumped 65mil in stock but forgot to let there clients about it ..lol..shameful....an now goldman comes out an said we did nothing wrong again ..is that not like insider trading ..lol..thanks gl pl
rrose
United States
Posted Anonymously
14 years ago
May 3, 2010 18:43
so your with me catnip
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 3, 2010 18:39
There is a lot going on. French minister Lagarde demands wide gaps in economical competitivity between eurozone members must be avoided... and Hungary, a Euro candidate has asked IMF for something...the news does not say for what but i have an idea: money!
The eurozone uncertainties will persist but it seems gold cannot break the barrier of open interest at 1188. In fact i do not see any moving news that could propel Eur up but it may fluctuate between 1.31 and 1.34 for a while. Germany has signed the Eur 20 bill bailout check for the media they said we gonna get that back plus interest...yep.
rrose
United States
Posted Anonymously
14 years ago
May 3, 2010 18:06
going short gold dollar the euro will go up and gold will come down for now what does the forum think
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 3, 2010 6:07
Now that Obama visits location I think the future of oil hangs on his official statement.
If that has uncertainty it will be a heavy oil short signal.
And a buy frenzy of alternative energy stocks e-auto stocks battery stocks...
Obama could turn himself into greener than green... but I don't believe such will happen.
However if someone wants to create jobs by the million... a turn away from oil in the range of
3 years is a very good approach . If sentiment turns countrywide against oil and Obama has a plan...
then forget about US recession and subdued inflation.
chloethebull
Canada
Posted Anonymously
14 years ago
May 3, 2010 0:15
ashraf do u see oil goin to 90buks this week ?thanks gl
Ashraf Laidi
London, UK
Posts: 0
14 years ago
May 3, 2010 0:06
rim, had markets been open, CHina tightening announcements would have driven gold higher on the rationale that stronger purchasing CNY power can buy more commodities, but possible risk aversion impact from the move may slow gold's rise.


Ashraf