20 March 2011

Crude Oil : Parabolic Move Ahead?

With war planes dropping bombs over Libya and their Oil Chief threatening production loss. Crude looks to be in for a Parabolic move. Too bad for equities especially India.

Also to be noted should be the fact that commodities tend to make their final moves in a parabolic fashion. Mostly due to supply fears. Lets see if this is going to be the case.


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