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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8904
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
WM
toronto, Canada
Posts: 11
11 years ago
Apr 29, 2010 16:09
Asad,
What are the fundamentals that you feel will cause oil to 'explode'?
Do you have a target price in mind?
Some analysts feel the S&P will not hit it's final top until late May. That should support oil as well.
$100 is really not that far away. Low 90's for sure given any type of exuberance.

Thanks.
lucky
ibadan, Nigeria
Posts: 377
11 years ago
Apr 29, 2010 15:23
asad oil is going down watch and see
asad
London, UK
Posted Anonymously
11 years ago
Apr 29, 2010 15:20
Okay...& leave the crappy handles, bars, sticks & graphs aside. HOW many times have I reminded you guys that markets & money RUN ON FUNDAMENTALS...NOT TECHNICALS.

Here's to your 'handle' Gunjack...


Asad
asad
London, UK
Posted Anonymously
11 years ago
Apr 29, 2010 15:18
Gunjack,

There's a reason to it. I'll repeat for the nth time...oil is about to explode starting May!


Asad
Gunjack
London, UK
Posts: 1184
11 years ago
Apr 29, 2010 14:56
CL hits 85...unbelievable as it had an 81 handle yesterday
slaiman7
Lebanon
Posts: 31
11 years ago
Apr 29, 2010 14:15
Dear Ashraf,

what is your opinion about sequential sell in technical analysis? and do you see one in oil now?

thanks
chloethebull
Canada
Posted Anonymously
11 years ago
Apr 29, 2010 13:48
asad ya i know what explosion mean ..i was hopeing it was differ in the uk...lol..gl today
asad
London, UK
Posted Anonymously
11 years ago
Apr 29, 2010 11:59
Chloe,

Explosion is ALWAYS outwards - implosion is inwards. Get it? :)


Asad
chloethebull
Canada
Posted Anonymously
11 years ago
Apr 29, 2010 10:54
asad do u mean explosion to upside or down?thanks gl
asad
London, UK
Posted Anonymously
11 years ago
Apr 29, 2010 10:42
Chloe,

Friday, maybe...but starting May, explosion!


Asad