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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)
 
djellal
LAUSANNE, Switzerland
Posts: 531
13 years ago
Feb 22, 2011 21:22
Reuters is running an article that is reporting indirect sources as suggesting Libyan leader Gaddafi has ordered oil facilities sabotage.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 22, 2011 20:16
ES still making new lows and $VOLD no rets.

Crude too wild for me this week.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 22, 2011 18:39
While ago I recommended for SP futures (ES) watching the breadth alongside $VOLD. Today been an 8% trend day thus far.

ES day session retraced up 12 handles from the cash open while breadth was well neg and $VOLD trending down with no rets whatsoever. Sure sign for fake move up in price. The high made at 1334.50 met the 127% sym ext expected (1333.40). From there the inevitable reversal never looked back more than 3 handles. Nice 20 handle short trade with no sweat watching the trend of $VOLD/$ADD.
Tony G
Posted Anonymously
13 years ago
Feb 22, 2011 16:38
Interested in a freak show? Then watch mad dog Gadaffi live, it's compulsive viewing. Bombed by America kissed by Blair, smell in the air.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Feb 22, 2011 11:29
asad, i do believe this "The commodity is experiencing a mood swing at the moment"
asad
London, UK
Posted Anonymously
13 years ago
Feb 22, 2011 9:08
Sydney,

At the moment, I'm on the sidelines. I started shorting CL around 93 - four weeks back - all the way back to 85 (believe me, ONLY a few days ago!). The commodity is experiencing a mood swing at the moment (since my last post last night...we're up by $3, to add to the already $5!).

It's one of those markets where if I go long, it'll drop by 3, if I go short, it'll be up by 3, and so on...

When things are clearer in a week's time, there will be ample shorting opportunity in CL...


Asad
chloethebull
Posted Anonymously
13 years ago
Feb 22, 2011 1:12
any1 been keeping up with doug kass and his #9 suprise for 2011..gold plummets by $250 an could breifly trade below 1050...and is amoung the worst asset classes of the yr..between 5-10 occassions the daily price range is 75bucks(its been awhile for that kinda of day)..anyways its going to take something big for that to happen but if it does then ashraf ratios could be obtained..another suprise was for us 10yr note rises to 4.25%..that too would help support ashraf call that such a rise would weigh on s&p..another is china &india fight over fresh water..any ways ashraf gave doug kass some respect @his jan workshop so been following him lately gl:)
djellal
LAUSANNE, Switzerland
Posts: 531
13 years ago
Feb 22, 2011 0:46
big bang in NZ ... selloff
chloethebull
Posted Anonymously
13 years ago
Feb 21, 2011 23:28
xaron must be playing brent and not wti..brent @108 and wti @98..gl:)
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Feb 21, 2011 23:12
asad, jst wondering, u sound like u were shorting oil and gold?? where did u start to short?