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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)
what is your opinion about sequential sell in technical analysis? and do you see one in oil now?
thanks
Explosion is ALWAYS outwards - implosion is inwards. Get it? :)
Asad
Friday, maybe...but starting May, explosion!
Asad
You sound likea gold bug, which way do you think it will go?
regards
Good luck out there
Oil going at this stage up has more to so w/ traders than w/ fundamentals. The way oil collapsed dramatically following the Greek downgrade...many bigwigs would've lost money 'up there. They're taking it up there, possibly, to reclaim their lost profits before collapsing crude again. That's my explanation...
Asad
This is a nice EW chart good work JS!
Ashraf