Friday, June 27, 2008

Crude Oil Price at Peak?

Recently oil price stage a continuos rally to new high. As for my opinion, the price now is at the peak level. Possible there will be some push up before trend reversal take place. Also it might have extended rally target which can reach $165.

Well, once the oil retreat (best below $110), it wil be a good time for the stocks market. Probably next year. :-)

Happy Trading!

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