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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)
 
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lucky
ibadan, Nigeria
Posts: 377
14 years ago
Apr 30, 2010 20:29
please ashraf can you explain why crude is up when indexes are down ! how manage
chloethebull
Posted Anonymously
14 years ago
Apr 30, 2010 19:20
woow crude just caught a huge bid in 2min..any1 hearing anything out there? thanks
lucky
ibadan, Nigeria
Posts: 377
14 years ago
Apr 30, 2010 19:16
they need no reason to drive the markets they have and when its out we keep wondering from where they get it
lucky
ibadan, Nigeria
Posts: 377
14 years ago
Apr 30, 2010 18:58
these what all people believe and what they want us to believe that the driving season has come and crude is going up believe me that they are going to take crude down do opposite your thought thanks
juno1
UK
Posts: 52
14 years ago
Apr 30, 2010 18:50
Hi Asad,
Been following NG since last year's low at $2.4. I think with injection season started and more rigs ,(200) extra ,producing than last year, it is possible that Ng may go back towards $3and below over the next couple of months. Hopefully. Intend to buy Ng around this figure. Do you see this playing out?

Juno1
lucky
ibadan, Nigeria
Posts: 377
14 years ago
Apr 30, 2010 16:44
please ashraf whats your veiw on commodities if us added or lost more jobs on friday can crude continue uptrend without retreating first and can goldman downgrade affect commodities thanks as usual
Gunjack
London, UK
Posts: 1184
14 years ago
Apr 30, 2010 16:28
@Mont - The one headed up by Pablo
montmorency
UK
Posted Anonymously
14 years ago
Apr 30, 2010 15:30
Which cartel?
asad
London, UK
Posted Anonymously
14 years ago
Apr 30, 2010 8:52
Well, I don't really believe in the oil spill theory! At best, we're leaking 5000 barrels/day out of the possible 86,000,000 consumed daily - that's peanuts. But what the market could/would be pricing at the moment is the potential aftereffects - this rig will be out for a long, LONG time & even other BP rigs will come under scrutiny from the Environment Deptt...potentially affecting BP's production in the US for some time (?) - of this spill. STILL, it's not large enough for oil to jump $4 in a day!

There are other reasons why oil is set to explode. I can confirm that the Cartel is collecting (not trading) oil. In fact, all energy. Watch NG creep up discreetly under the radar...


Asad
jjstone
Toronto, Canada
Posts: 45
14 years ago
Apr 30, 2010 7:00
@Chloe
Remember oil went down big after the spill. It only goes up because people buy it. It only goes down because people sell it. Every thing else, who knows, not you. Definitely not me. Maybe Ashraf, he he. GL I'm running the same short.
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