CRUDE OIL - marching towards.......
![Image](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1sVm_FC5pn6k8wV2o_C2PegJaHXAux1X-eus2-tJ4-kkU1Fb9pmCVe9cMZ5DOSlk-1LBQLX6F1_LvbDkhM8ubNRlOeHeqnej5AlOgWuxSNxETxu_3eiAFNP3B2R7Mx_LBCn58/s400/OIL.jpg)
CRUDE OIL ($ 89.19) - Now, It is in half way mark of 2008 high and low. From here what next ? If it trade and 2consecutive close above 92.80, then shortly going to attack 110.06. That is almost 25% rise from here ! If it happens, think about our Oil bill, Balance of payment, GDP growth and last but foremost, as a market participant point of view, think about Stock Market ? Our wish it should not happen but the Numbers says so.....