Recent content by wibblewibblewibble

Thanks Doberman and Sujith! May have to buy some cast-iron underpants and think about getting back in soon. Well done to those who have held their nerve and made money - although how you've done it with prices whipsawing I wish I knew!

Hi Doberman (and everyone else - did you miss me!) I've kept quiet for the last month because I haven't had a clue what is going on in these markets - you question about RBS is one I can help you with though! RBS, or anyone else doesn't need to go to zero before they are bust. Indeed, shares...

Hi flywithdream, the idea is that if it moves, it tends to move quite a long way in a given direction. So say the market is at 780 just before closing. Put in an order above or below by a few points and the idea is that if the market doesn't gap (which it did at the start of the week), then...

Morning, night-owls! Now is a REALLY good time for the short gold, long oil spread trade again....

It certainly looks that way - doesn't seem to want to go up from this level before the NY close. Been stuck at 764-766 for about an hour now:sleeping:

nice part of the world! Regarding the MA cross - it sounds like there are a lot of positive indicators lining up.... Only problem is, as soon as we all buy the market will take that as a reason to move south:lol:

I think you may well be right, it does look like the market wants to go up from here (and tomorrow is friday, often a good excuse for a move against the market trend so far). I'm just a bit of a wimp - I'd rather wait for the market to start moving and jump on, than to try to pick the exact...

You certainly called the fail at 759 about right!!!:smart: Well done

I agree it CAN do, but I'd rather have SOME comfort that its gone through. I got long this morning and took it off when it went through 43, as not sure where its going next. If it gets $2 through an important level, then at least I've got some wriggle room and can set my stop just below. As I...

Okay, thanks guys, I really appreciate that. I'll look to re-entere at 751-752 or so. cheers, WWW

Is anyone still awake and watching this? This appears to be quite an interesting level. Its the resistance from just after the push down yesterday (tested the line at 763 or so), then joins 4 more highs and is touching it again now.... Something has to give - any idea whether its going to...

I'd suggest this is an excellent opportunity to do the opposite of my earlier trade - long gold/ short oil, following oil's spike up from below 100 and no corresponding move in gold...

Hoo-rah! didn't generate much comment here but the spread trade worked like a dream - although I suspect closer analysis will show that my ratio was way off! Hi to everyone here! oops - didn' t mean to hit post twice. sorry!

Hoo-rah! didn't generate much comment here but the spread trade worked like a dream - although I suspect closer analysis will show that my ratio was way off! Hi to everyone here!

Hi Guys, sorry I haven't been around for a while. Am in Chicago on business so not many chances for checking price action! Isn't the obvious thing to do here long gold and short oil? This is a hell of a decoupling and you've got to think they will trade at least partly back into line. Need...