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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
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rrose
United States
Posted Anonymously
15 years ago
Mar 11, 2010 19:41
i see 1080 next week or two take a look at trend line support july sep 2009 low to feb 2010 low it will bounce there
Dako
Illinois, United States
Posts: 7
15 years ago
Mar 11, 2010 19:27
Hey Rose and all. Here's my take on gold....it'll break todays low and probably settle at 1095. I would be a buyer around that price with a tight stop loss. Any further decline might be severe. This is based on some pivot points that ive calculated.
rrose
United States
Posted Anonymously
15 years ago
Mar 11, 2010 19:13
to bad we can't trade oil in the US
chloethebull
Posted Anonymously
15 years ago
Mar 11, 2010 19:10
rrose....i closed out some of my gold shorts but im hold half still...plus looking to get back usdcad @1.0245 or less..if i don;t its ok cause i think shorting oil may b better..so im adding to my oil shorts...im not really interested in gold shorts unless we get back to 1115 or higher range..i to closed out @1102...ok gl
rrose
United States
Posted Anonymously
15 years ago
Mar 11, 2010 18:34
chloethebull what are you doing with gold shorts today. now i am flat from my shorts looking for a good short entery. i closed my last short at 1102 with all this china news i dont know what to make of it 1100 is a very psychological level and hard to break any ideas
Gunjack
London, UK
Posts: 1184
15 years ago
Mar 11, 2010 17:59
Playing WTIC is like watching paint dry...Has been stuck around the 82 mark since 1.30pm today
Xaron
Munich, Germany
Posts: 528
15 years ago
Mar 11, 2010 15:40
We will. Because Gold seems to be the only constant thing between all those FIAT currencies. It's a bit hard to choose which currency will take a deeper dive first, the EUR? USD? GBP? So in uncertain times Gold might be a safer haven than the USD which is a joke in terms of "safe haven".
Eelman
Maine, United States
Posts: 93
15 years ago
Mar 11, 2010 15:38
Short oil @ 82...and yes Pipster I think your silver short is worth riding.
wolf
Melbourne, Australia
Posts: 82
15 years ago
Mar 11, 2010 15:37
like marc faber says, as long as geitner and obama are running the show gold will see higher prices
Xaron
Munich, Germany
Posts: 528
15 years ago
Mar 11, 2010 15:36
I don't use stops at all, only mental ones. But as I use low leverage (around 0.25-0.5:1 per entry) that isn't a problem. I just scale in and out all the time.
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