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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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jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 2, 2011 0:42
wow cityboy.. you must have had a vision about shorting that dow/spx yesterday.. big red dailies back to supports.. if these supports break though (vix doesn't think so at this stage) then shorts are on.. unless false break again and back to range..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 1, 2011 21:42
silver moved up much too impulsively and lacking any structure. Always a sure sign for full retrace at equal ferocity.
bhglitter123
United Arab Emirates
Posted Anonymously
13 years ago
Jun 1, 2011 21:12
silver and gold started to become bipolar each moving in complete opposite direction investors are reluctant silver lost its safe haven status which at somepoint was correlated with gold.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 1, 2011 21:06
the RUT closing at -3.16%. It lagged behind and then had to go like a bat out of hell to try catch up. Typical teenager of the 4 indices !
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jun 1, 2011 21:00
thanks!
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 1, 2011 20:57
Might be a mistake to short it now as probably do a ret first tomorrow
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 1, 2011 20:56
if its finished for the Dow then high probability its finished for all the 4 majors.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 1, 2011 20:55
I haven't seen internals as negative as this since early March. Could just be wash out but I doubt it.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jun 1, 2011 20:51
so you think B wave up is finish?
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 1, 2011 20:50
all internals are driving down into the cash close. very bearish.
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