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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:

Gold, Oil & Indices (Equity & Bond Indices)

Discuss Gold, Oil & Indices (Equity & Bond Indices)
 
Qingyu
manchester, UK
Posts: 1763
11 years ago
Nov 1, 2012 12:09
i am very worry about crude oil spike up today... :(
Qingyu
manchester, UK
Posts: 1763
11 years ago
Nov 1, 2012 12:08
dave, nothing to say about AAPL. the new google&LG nexus 4 phone too cheap, not good for iphone.

imho AAPL must bring iTV to us, and pls be fast, feb next yr is a decent date.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 1, 2012 11:03
My AAPL man gone very quiet at Q. Kissed its 200 dma yesterday and pattern symmetry with the last corrective down in April/May would be a titch below at 583.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Nov 1, 2012 10:54
George, CL seems range bound again, difficult to trade. Its shame it couldn't quite make that 84 level on the daily.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Oct 29, 2012 19:40
CL is relatively oversold with next downside targets still at 84 (70.7% level) and the 78.6% level at 82.23 beyond which 100% sym at 80.92. Upside resistance at your c.87.90 level. gl gt
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Oct 29, 2012 19:33
u might have 100% sym pattern to 1686.65. there is strong confluence of support at c.1665 and short term resistance at 1722
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Oct 29, 2012 17:52
Let me get this right George, you suggesting we buy gold here for target at 1780 ? (current 1708)
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Oct 27, 2012 1:30
SPX made the 1402 target level within 1 point and the ES made its 1394 comparable level. Both at the 127.2% ext. Both daily charts showing decent hammer candles
groove
UK
Posted Anonymously
12 years ago
Oct 25, 2012 23:06
amateur observation. crude on a monthly chart looks like upside since financial crises was nothing more than a prolonged correction before it carries on down. I was an oil bug but the chart speaks for itself. Now I am definitely not a gold bug so I look at gold from a relatively neutral perspective and a little thought at the back of my head keeps saying if gold can't go up in the build up never mind after a dovish fomc whats it going to do on a bad day. Silver has stolen all the gold bugs which is hardly surprising as silver only has to move thirty odd cents for 1% compared to 17 dollars.
The reason for this is it looks to me that in trying to prevent a bad recession for a couple of years Ben Bernanke has got his come uppance at last and his QE (TITANIC) strategy is about to kill the market. BUYING UP BONDS REDUCES LIQUIDITY and benny boy has been buying one too many.
THAT IN MIND BEFORE YOU SELL ANYTHING SOME FEEDBACK ON MY TRADING STRATEGY WOULD BE APPRECIATED.
BUY GOLD - SELL STOCKS (WAS THE OPPOSITE TILL A COUPLE OF WEEKS AGO)
AND FOR ALL YOU GOLDBUGS
BUY SILVER - SELL GOLD TILL GOLD 1800 (IF IT EVER HAPPENS AGAIN) THEN FLIP THEM ROUND
Qingyu
manchester, UK
Posts: 1763
12 years ago
Oct 25, 2012 20:36
long eurusd, long apple.

just heard from a tech guy, apply gonna hit 800 next yr.