Wednesday, June 27, 2012

Starting to build Long Crude Oil position after 30% fall.

Crude Oil fell 30% in the last 2 months and it gives me a reasonable Risk/Return perspective to start a tentative Long position around the $80 level via the CL August '12 contract.

A clear stop would be situated below 77.5.

2 comments:

  1. Hope that Oil Trading would be better in this upcoming season. It would be harder to move up when Oil gets low.

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  2. Nice information on here, I would like to share with you all my experience trying to get a loan to expand my Clothing Business here in Malaysia. It was really hard on my business going down due to my little short time illness then when I got heal I needed a fund to set it up again for me to begin so I came across Mr Benjamin a loan consultant officer at Le_Meridian Funding Service He asked me of my business project and I told him i already owned One and i just needed loan of 200,000.00 USD he gave me form to fill and I did also he asked me of my Valid ID in few days They did the transfer and my loan was granted. I really want to appreciate there effort also try to get this to anyone looking for business loan or other financial issues to Contact Le_Meridian Funding Service On Email: lfdsloans@lemeridianfds.com / lfdsloans@outlook.com He also available on WhatsApp Contact:+1-9893943740.

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