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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)
to sell metals to cover margin calls . After all they are all long AAPL. I bought a call on AAPL 600. I think AAPL will be rumored back up thus the funds have an opprotunity to sell the maximally overvalued stock. Who doesn't own a smartphone?
Well some aged 8 - and some 60+. Not a big perspective. And even Samsung assumes the hype is over.
Crude, yes it could be a 3 I guess with the 3:3 at 93.87, the rest is not clear on daily time frame. You should be seeing a 3 day triangle on your smaller time frame charts supported by the trend support drawn from 11th Dec low. Think I have lost more money than made on crude this year.
Ugly weekly candle close today !