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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)
 
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Jan 25, 2013 18:31
I was long NEM 2 wks ago thinkin long term position. Flat now.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Jan 25, 2013 17:14
In reply to Qingyu's post
From dec 2011 AAPL has been my best trade ever, first north then south. Had I known I could have shut down the screens, ignored all other trading and put my feet up in the Bahamas. And I know absolutely nothing about their product range or their fundamentals. Nice easy chart AAPL---TY.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Jan 25, 2013 17:05
In reply to DaveO's post
Now re stesting previous trend resistance line, now potential support
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Jan 25, 2013 17:03
Gold disappointing again. I had a feeling it might drop today, the 55 DMA capping for 4 days this week.
Qingyu
manchester, UK
Posts: 1763
12 years ago
Jan 25, 2013 15:16
and, they should wear jacket! :(
Qingyu
manchester, UK
Posts: 1763
12 years ago
Jan 25, 2013 15:12
In reply to DaveO's post
emmm, the AAPL report sales only 13 weeks, short one week than last yr. so someone believe it worth a long.

i have no idea about AAPL atm. but i know ur target, it is sensible.

for GU, even chinese taxi driver tell u long GU. :)
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Jan 25, 2013 14:46
Q, take a look at M.Hewson's CMC mkt roundup today. Their client book been long AAPL and long GU-----unbelievable !!!
http://www.youtube.com/watch?v=vhs_E66flrE&feature=em-uploademail
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Jan 25, 2013 1:17
the count from 84 low is difficult to read. From the 85.20 low made on the 11th Dec we might be seeing 5 up completed or near completed at the 78.6% level at 97. There is tight trend line support from the 11th Dec low a break of which might signal shorts coinciding with daily stochs now hooking down. Price is now slightly above the 55 and 100 WMA's which might lend support at 94 ish. I do not have high confidence either way because the move up is feeling bullish and stochs can remain o/b for so long as they choose to do so. I favour a correction of at least some small degree from the current 78.6% level. gl
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Jan 24, 2013 0:22
AAPL after hrs now breached the 465 38.2% ret of the swing up from 78 low to 705 high. 50% level at 391 clustered with symmetry at 395
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Jan 23, 2013 17:45
Gold been capped by its 55 DMA this week