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Posted by Akash on August 22, 2008, 7:24 am
Hello Bkenison,
It is an interesting period we are passing through. When a view is
expressed that crude oil is on its way up panic buttons are pressed
in
various stock markets amongst other markets across the globe.
Investors would be well advised to keep in mind that the additional
demand from China on account of the Games is over. In addition there
is a view that a certain amount of demand destruction has already
occured with more to come.
The price of crude oil would fluctuate, and may even move up further
on account of technical amongst other considerations. However, it may
not as yet have seen the bottom of this price band. So, caution is
advised.
Happy investing,
Akash
http://www.narachinvestment.com
http://www.narach.com
http://www.narachphilosophy.com
http://www.narachinvestment.com/feed.xml
> Kenison Counting Numbers are now confirming a near-term bottom for
> crude oil.
>
> We are in a critical time period where a sharp reversal to the upside
> will occur.
>
> As a result, now is the time to buy selected oil stocks. =A0Chevron,
> ConocoPhillips and ExxonMobil are attractive long-term investments at
> these levels.
>
> Copyright (c) 2008 Bruce Kenison. =A0All Rights Reserved.
> --------------
> Bruce Kenison is the founder of several market timing advisory
> services employing the Kenison Counting Numbers precision market
> timing method and is the editor of Bruce Kenison's Market Timing
> Signals ezine and newsletter available FREE to investors and hedgers.
> He is also president of a publishing and seminar production company
> that recently published the 5th Edition of Bruce Kenison's Market
> Timing Home Study Course. =A0For a FREE subscription to the ezine or
> newsletter and information on products and services, send a blank e-
> mail with "Subscribe" in the subject line to:
> brucekenis...@yahoo.com
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