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Wednesday, September 22, 2010

CRUDE OIL ALERT - MULTI BAGGER RECCOMENDATION

TRADERS WHO ARE LONG IN CRUDE OIL DO NOT PANIC..CRUDE HAS TAKEN A SUPPORT @ 73.92 $ IN THE INTERNATIONAL MARKET..AS PER OUR VIEW CRUDE OIL OCT CONTRACT MADE A LOW OF 3400..THE PREVIOUS EXPIRED CONTRACT LOW WAS 3390..SO BEFORE A BREAK OUT CRUDE HAD TO COME DOWN TAKE A SUPPORT & THEN BOUNCE BACK... INTERNATIONAL CRUDE OIL CMP - 74.38.
BULLS EYE STRATERGY : BUY CRUDE OIL 20OCT2010 @ CMP 3405 - 3392(IF CRACKS) FOR A SHORT TERM TARGET OF 3696 BEFORE EXPIRY.
**DO NOT GET CARRIED AWAY BY THE MEDIA & OTHER ANALYSTS VIEW..CRUDE FALLING FROM HERE ?? "ITS A TRAP".
                       CMP-3416 
http://www.smsgupshup.com/groups/POWERurTRADE
   

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