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View Full Version : $40 crude predicted


Kristy
02-01-2009, 09:38 AM
Crude oil is expected to drop to $40 a barrel in the near term, following recent rises in the price. Investment bank Mac Capital had set a previous selling price at $45, which touched the lower targets of $34 before its corrective bounce towards the current levels of $48. The company said the corrective bounce 'is now facing a resistance' and is suggesting selling with a strict stop loss of $49 for the lower targets of $40 in few sessions.http://rss.feedsportal.com/c/32213/f/425040/s/2f0e2a2/mf.gifhttp://rss.feedsportal.com/images/emailthis2.gif (http://res.feedsportal.com/viral/sendemail2.html?title=$40 crude predicted&link=http://www.ameinfo.com/183227.html)http://rss.feedsportal.com/images/bookmark.gif (http://res.feedsportal.com/viral/bookmark.cfm?title=$40 crude predicted&link=http://www.ameinfo.com/183227.html)


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