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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
The current pullback is not the "big one" that many are expecting in Q4. I still see another retest of 1420s before a decline of more than 7% takes place.
Btw, I will be visiting Singapore in late September.
Ashraf
bit.ly/P8AzHG
Ashraf
Isaac is a lame storm...
Referring to your call on the 19th july which was spot on.
Ashraf : So now I'm taking another close look and the "preliminary" assessment suggests we will get a top (1410s SPX) in mid to late August, after which we get 2-3 down months.
July 2012 is looking like March 2010.
August 2012 may end up looking like the top of April 2010.
Question : What do you expect going forth are we expecting a pull back soon? as we are seeing some resistance now in the equity markets. Thank you for sharing!
regards,
inc
WTF... :(