Posts by "lucky"

i hope no one short oil for the past 2 days i say always long oil

long oil always

The dollar's recent strength has been explained by most market analysts as a result of the euro weakness rather than any fundamental support for the greenback. In fact, a closer look at the dollar's chart - particularly the dollar index - suggests the currency may be primed for a collapse.
The dramatic dollar index rise from $0.81 to $0.87 in recent weeks shows the chart's developed a dramatic and possibly dangerous parabolic trend.
The dollar index suggests the greenback will continue to stengthen until the end of June, with a target near $0.89-$0.91, before it collapses to a downside target of $0.81. trend has four important features.

i think ashraf said once on cnbc that 2010 can see oil and dollar rally possible

if stocks bonds and other currencies go up gold is go down because they will liquidate gold to that