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.....