CRUDE OIL - marching towards.......

CRUDE OIL ($ 89.19) - 

 Now, It is in half way mark of 2008 high and low.  From here what next ?

If it trade and  2consecutive close above 92.80, then  shortly going to attack 110.06. That is almost 25% rise from here !

If it happens, think about our Oil bill, Balance of payment, GDP growth and last but foremost,  as a market participant point of view, think about Stock Market ?

Our wish it should not happen but the Numbers says so.....