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Posts by "asad"

793 Posts by Anonymous "asad":
asad
London, UK
Posted Anonymously
13 years ago
Feb 3, 2011 14:17
...yeah, and when he pastes a Youtube link w/ a lady holding a rose?! O there was one from the Lawrence of Arabia! :D

Said, what's your stuff, man? ;)


Asad
asad
London, UK
Posted Anonymously
13 years ago
Feb 3, 2011 14:10
Gunjack,

To answer your question,

"@Said why are most of your comments in riddles?"

That's when he's pissed on a esctasy-vodka-red bull cocktail... ;)


Asad
asad
London, UK
Posted Anonymously
13 years ago
Feb 2, 2011 14:06
Qingyu,

Even I though that Mubarak has ACTUALLY quit and CL had ACTUALLY hit 85!! *heheh*

What you meant was 'if Mubarak quits, would CL go back to 85?' Isn't it?

The answer's YES! Boli has already explained well why...


Asad


P.S. Went short again at 91.15 w/ SLs - day trade in mind...
asad
London, UK
Posted Anonymously
13 years ago
Feb 1, 2011 22:43
Gunjack,

My gut converges w/ your GS pal's technical analysis that CL is heading down.

To paraphrase my words earlier this morning, 'We're safe boys!! The shoes are neat...' ;)


Asad

P.S. Dave, what disappoints you about CL? That you were sitting long and it dived? :p Barring any further political development, crude was destined for this. I've banked ~150 short pips since morning. I'll open a new position tomorrow. Day trading. ;) But in the grand scheme of things, CL is short IF LEFT ON ITS OWN!
asad
London, UK
Posted Anonymously
13 years ago
Feb 1, 2011 11:07
Guys,

All can go short on CL now. You have my blessing...and my franchise license to go short! ;)


Asad


P.S Qingyu, what I meant was that the maxxx CL could shoot - based on political speculation - was 94. But that was supposed to be it. It seems that things won't be as nasty...so we can go short now, I reckon.
asad
London, UK
Posted Anonymously
13 years ago
Jan 31, 2011 22:38
Think we're getting closer to THAT shorting point.

I'd give CL 94 tops (barring ANOTHER political development)...


Asad
asad
London, UK
Posted Anonymously
13 years ago
Jan 30, 2011 12:59
Gunjack,

For aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaall my gut, experience and foresight, I believe we've missed a golden ride. :(

I'm a perma-bear, right? This perma-bear, (self-proclaimed) King of Crude *jk* thinks we've missed a royal set-up from 84 - 100, just because some buggers wish to replace their Le King? (How selfish can I get? *heheh*). ;)

Because many big boys missed the ride from 85 - 90, I reckon they'll drag it down to near 85 (if the politics of it allows) and then take it from there. hey, that's how they work, right?

If oil exceeds 90 tomorrow, I'l open half a positon short w/ successive stop losses. make sure you get your stop losses in place, because again, it stops losses... :D


Asad
asad
London, UK
Posted Anonymously
13 years ago
Jan 30, 2011 12:52
Boli/TG,

I've been following your debate w/ some interest now. Both of you make good points...albeit, in a very poor manner!

Boli, what you've written over the week re/ Ashraf may/maynot be right/wrong...but the point is that the WAY in which you wrote a bit wrong, even aggressive. Tht's the reason why, even if you write, 1+1=2...people won't believe to you.

Most of the time, it DOESN'T matter WHAT you say...rather HOW you say, matters. If this wasn't true, there wouldn't have been a Bernie Madoff or Goldman Sachs (sorry, Gunjack - you're still a mate *winks*). See...even Gunjack - a wicked Goldmanite to the core - is smiling (otherwise he would've taken my head off) JUST because of the HOW I wrote it. :p

As for Ashraf, I'm MERELY grateful for just being on this Forum! He's definitely one of the world's top-three analysts. If I'd give my right kidney for being at Goldman, I'd give my left for seeking his advice. Even if we haven't exchanged hiiissss in monthsssss, I can still seek people like Messr. Gunjack, DaveO, Tommy, Rocky, Scooter and Jamie to set up my trades.

Above everything, neither I'm paying Ashraf for his advice, not is he paying me to stay stuck on this Forum... :)


Asad
asad
London, UK
Posted Anonymously
13 years ago
Jan 29, 2011 14:34
Yoni,

The geopolitical events have changed e/thing - at least for the time being.

I wrote earlier that CL would drop to 85 (happened) and then try to touch 90 (happened). It's currently at 89, but NOT for the reasons I forecast. Egypt's, and the upcoming, events have changed the game. If they're worried about Suez, spare a thought for the Strait of Hormuz should protests start in Iran! (Two-thirds of the world's oil supply, directly or indirectly, passes through the SoH).

Having written this, it's still hype and reaction. Myself, I'm out for the time being. Let it go to 90+ and then maybe I'll go short.

My staying out of the market is validated by another keen CL trader, Gunjack, who TOO chose to stay on the sidelines. Remember, the market will ALWAYS be there for you - it's up to you whether you take a profit or loss... ;)


Asad
asad
London, UK
Posted Anonymously
13 years ago
Jan 28, 2011 14:42
Qingyu,

Ofcourse! I wrote to you on 26/1:


"Qingyu (King you),

Did you manage to recover your loss going short at 91?

Asad

P.S. Reckon CL will try to 'touch' 88-90 again before proceeding downward..."


It won't JUST go to early 80s DIRECTLY! CL moves one step forward...twp steps backward! It'll get close to 90 & then downward from there.

Ride this trend, mate... ;)


Asad