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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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said
mulhouse, France
Posts: 2822
14 years ago
Aug 5, 2010 21:20
pasta o pizza
said
mulhouse, France
Posts: 2822
14 years ago
Aug 5, 2010 21:19
napoli
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Aug 5, 2010 18:43
S&P500s 4th CONSECUTIVE DAILY ATTEMPT to close above the 100-week MA of 1127 may not succeed today, but be ware of misleading signals. THIS CHART http://chart.ly/bkx6z5 shows the close above 1121 (50% fib from 2007 high to 2009 low) remains a positive dynamic for the index. But the real question is whether the last 4 days spent above the 200-day MA are simply a recurrence of the same pattern June 15-21 prior to the 8% decline. Therefore, even if the S&P500 fails to close above 1126-27 this week, it is important for the bulls to maintain a close above the 200-day MA of 1114-15 to sustain chances of eventual break out above 1126-20, which would pave the way for 1140.


Ashraf
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Aug 5, 2010 14:49
see the unexpected hanging paradox
Gunjack
London, UK
Posts: 1184
14 years ago
Aug 5, 2010 13:40
@Frog quite a few ppl are predicting a rise in mkts till sept/Oct then a plunge, surely it can't be that unexpected? Another flash crash this afternoon or in the next minute on the other hand would be unexpected
Frog
Paris, France
Posts: 28
14 years ago
Aug 5, 2010 12:57
I'd be amused to see the S&P going higher until october and then crash til december... Would be fun because nobody expects that. So maybe that is why it will happen.
said
mulhouse, France
Posts: 2822
14 years ago
Aug 5, 2010 9:00
ashraf
there are no fundamental for oil above 85 as u said and it will go above . so it will at imo be pirely technical.
i got the 1147 well before the corrction of june or july with fib retracement but it is no more valid with the market pattern that has been drawn.
so yes i havent read ur imt on fed but rumours are saying that fed could again amke some QE and that will help push commodity and tehir related currency. same schmes that wont get on the credit circuit but on the speculation circuit. this is how i see the last round of QE

at your opinion is it sept:oct or nov:dec when we will the plunge?
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Aug 5, 2010 0:52
Said, Asad, i said last week the oil rise looks very serious technically speaking and 85 is just around the corner. You cannot ignore what the Fed is doing. READ MY LATEST ARTICLE, especially the part about Fed dovishness similar to last year when finally Oil hit 85 in October. Lastbut not least, the speculation about an Israeli strike on Iran has reason to grow further and any belligerent remarks from Iran will help boost OIL further and dramage USD further. Euro will remain an innocent bystander, but major moves will be in CAD. not sure if SP500 can breach 1137

Ashraf
asad
London, UK
Posted Anonymously
14 years ago
Aug 5, 2010 0:26
Ashraf,

Do you STILL see oil at 85? Fundamentals don't look strong. Time to short?


Asad
said
mulhouse, France
Posts: 2822
14 years ago
Aug 4, 2010 21:58
ok everyone
i wont do ashraf role cause i dont have yet the capabilities but
datsa are favorable for 1047/49 on sP
get ready for some good buying pressure in gold
euro on the upside
oil AT 84 like said lucky few months ago
loonie at parity
no need for intervention on swissie appreciation of usd

well this is what i have to offer. where is the bid?
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