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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)
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 5, 2011 21:22
Been short from 112.70. The 70.7% level coinciding with 161.8% at 113.70 & held on the retest ignoring the $1 spike. 70.7 fib very relevant for oil, often plays ! The second move up to retest the level was 5 waves (can see on daily chart)
Gunjack
London, UK
Posts: 1184
13 years ago
May 5, 2011 20:12
Anyone here traded oil today...its like being back in 08-09 and lehmans collapsing...insane move down. Animal spirits took over as technicals and fundamentals counted for nothing today
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 5, 2011 20:01
not that i listened to myself but i did tweet ashraf last weekend that gold would drop 100-200buk b4 end of week lol..pretty close soo far :)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 5, 2011 17:26
3550 not quite done yet but worth a short below 37.5-38 for 34.50
Ashraf Laidi
London, UK
Posts: 0
13 years ago
May 5, 2011 16:51
100 dma = 38% retracement in silver 34.20

http://www.ashraflaidi.com/products/sub01/access/?a=412


Ashraf
Qingyu
manchester, UK
Posts: 1763
13 years ago
May 5, 2011 15:33
now the question is can we read 3550 today.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 5, 2011 14:11
OK cat silver below 38.. how low now?
Qingyu
manchester, UK
Posts: 1763
13 years ago
May 5, 2011 12:37
chf strong could be another reason of risk aversion
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 5, 2011 12:07
gold has collapsed to under 1500 why chf and eur are still relatively strong?.
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 4, 2011 16:56
lol chikned out on long gold lol:( droping too fast along with stoks:)..holdn eur short:)gl:)