Thursday, December 10, 2009

CRUDE 10.12.2009

Long Abv     : 3323 For 3334 - 3345 - 3356 - 3367
Short Below : 3300 For 3292 - 3278 - 3266 - 3250
01.35 - Long Entered
02.15 - 1st tgt just missed by 1 point (high - 3333)
05.00 - 1st tgt achieved
08.35 - Short Entered
08.45 - 1st tgt achieved
10.30 - 2nd tgt achieved
11.40 - 3rd tgt achieved
34 points profit

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The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. "No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses" Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.