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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)
See if this works for you...
http://www.moneyweek.com/news-and-charts/market-data/oil.aspx
Change the variables in the right column to get oil charts dating back to five years. Let me know if this doesn't work & I'll sort out s/thing else.
I mayyyyy be travelling on the w/end of the 20th...but it'll be great to catch up w/ you! Let me know when your plan materializes - my first intent would be to meet you, even if over a cup of coffee.
Have a good w/end...
Asad
Ashraf
My first post. Divergences all over the place. $VIX, $SPX, $COPPER, etc. When this happened last, the decline in equities lasted 8 days, paused, then another 3 days. Do you think with so many multiple alignments in currencies as well that this decline will last longer than that previous example, or shorter? In other words, from your VIX IMT today, would VIX stop at 22 or keep going up to 28-30??? Any thoughts very much appreciated!
Tom
technically there is a specific market pattern on oil, a flat, and the level given represent the last leg before the the fifth wave
plus, pension, mutual and hedges funds are arbitrating between asset classes ie treasury gold and oil.
oil might not be responsive to a neutral positive jobs report. i dont have the seven years treasury bond yield but it is the gauge for this kind of arbitrage
i reiterate there will be massive inflows of cash in treasury as i said since two week when yield were at 3.80% and the spiral downturn in tnx isn't finsihed
as for prechter predicted the TOP at 1000 and it has already passed but that was beginning january forecasting they might have changes the stance since.
Trendline support at 1240 for gold in AUSSIE TERMS
Ashraf
oil down gold up?
i hate giving my projection when i cant base them on LT chart
but any way here is my take on short term for tomorrow end day and next week
oil at 76.90
if boken then 7550 but less plausible.
I LET THEM STRIKE
I FLY FROM ZURICH MAYBE;