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Thursday 11 November 2010

Crude Oil

Finally, I got the answer of why this commodity kept increasing. Some causes can be seen from some views, based on technical analysis, crude oil has broken the resistance at 87 and 2 days ago the price bounced at the trend line. Based on the news, OPEC said that they don't want to have their oil valuing less than US$100, as the USD keeps depreciating, yet the oil inventory declined sharply reported yesterday.

Happy investing^^
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Best Regards,
Christopher Tahir
Blog: http://ez-stock.blogspot.com
MSN: chris_tahir@hotmail.com
YM: chris_tahir@ymail.com


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Absent

For these few days, I might be absent due to having too much project to be done.

Happy Investing^^
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