Friday, June 4, 2010

CPO Ends Low


The CPO ( Crude Palm Oil) futures for August contract open at 2473 and closed at 2456 yesterday. The highest was at 2482 and lowest was at 2453. The market ended lower with a black bar, increased open interest and was sellers' market. Theoretically, the market is said to be on the southwards movement.

Today

In long run, the market is still bearish and so is the very very short term. The forecast for today;


1)If the market opens between 2471 to 2480. Buy after the market has moved up passing the levels between 2475 to 2480.
2) If the market opens between 2462 to 2470. Sell after the market has moved up 5 to 10 points above the opening level.
3) If the market opens between 2453 to 2461. Sell after the market has fallen passing down the levels between 2443 to 2448.
4) If the market opens between 2435 to 2448. Sell after the market has moved a bit and then falls 5 points below the opening level.
5) If the market opens between 2493 and above, I would say that the market may move further up and may end a white bar today, that is it.
6) If the market opens besides the above,I do not know, up to you.
7) Also refer to my posting dated 11th January, see #6.

Anyway, if you are not sure, do not contact your dealer, just contact Netanyahu but not Obama.

That is about all.

Have a nice trading day, guys.

P/S The sinking of South Korean warship at Yellow Sea bordering North Korea last month could be the work of the Mossad or CID. The intention is to destabilise the region especially China because China is set to be the next economic and military giant of the world. What say you?

8.58am

12 comments:

dennis the menance said...

I have a web site where I give advise on penny stocks and stocks under five dollars. I have many years of experience with these type of stocks. If theirs anyone interested in these type of stocks you can check out my web site by just clicking my name. I would like to comment about the future of the stock market theirs always bargains in the stock market you just have to be willing to take the time to find them. Speaking of stocks under one dollar that worked out for me. I recently sold my shares in vonage holdings corporation for 5 dollars. I bought the shares in 2009 for 37 cents. This was a rare exception to the general rule most of the stocks trading under 1 dollar are not good investments. The way that you find low priced stocks that are worthy investments is to have as much knowledge and experience as possible about these type of securities. Only than can you profit tremendously from these stocks.

Equity investor said...

Get all the Indian stock market notices as issues in NSE and BSE by various listed companies in stock market

QUALITY STOCKS UNDER 4 DOLLARS said...

Interesting

Equity Tips said...

Excellent tips. Really useful stuff .Never had an idea about this, will look for more of such informative posts from your side.. Good job...Keep it up

devraj mishra said...

www.redotech.com

INDIA'S No.1 software development,mobile recharge software,portal development

Redo Tech Pvt Ltd is a Best service professional Custom India based MLM

devraj mishra said...

www.redotech.com

INDIA'S No.1 software development,mobile recharge software,portal development

Redo Tech Pvt Ltd is a Best service professional Custom India based MLM

devraj mishra said...

www.redotech.com

INDIA'S No.1 software development,mobile recharge software,portal development

Redo Tech Pvt Ltd is a Best service professional Custom India based MLM

Stock Tips said...

Thanks for sharing such a wonderful knowledge. your information is very good. it is very important to everyone

Furnace Cleaning said...

Hi it’s me, I am also visiting this web site daily, this site is really pleasant and the users are actually sharing pleasant thoughts.

- Duct Cleaning Edmonton | Duct Cleaning | Furnace Cleaning

Joane Morris said...

The latest news aboutCPO(Crude palm-oil) futures on Malaysia’s derivatives exchange fell to their lowest in nearly two months on several negative factors.Reports about European lawmakers backing a proposal to limit the use of biofuels in the region’s transport sector coupled with higher than expected soy stockpiles by the U.S.

-----------------------------------
Miami Beach Florida Real Estate

rsgoldget said...

The particular Iced water feature inside the Enakhra's Lament pursuit can't become wiped out by ranged weaponry.A reference to the Sherpa in close proximity to Dying Skill level has been modified to refer to Freda as an alternative.The spelling oversight inside a dialogue in The Fremennik Tests search may be set.A new disagreeing tradition trouble in the Desired! quest dossier has become set.
Buy Runescape Gold

Cheap Runescape Gold

sherlina halim said...

Pengen yang lebih seru ...
Ayo kunjungi www.asianbet77.com
Buktikan sendiri ..

Real Play = Real Money

- Bonus Promo Red Card pertandingan manapun .
- Bonus Mixparlay .
- Bonus Tangkasnet setiap hari .
- New Produk Sabung Ayam ( minimal bet sangat ringan ) .
- Referal 5 + 1 % ( seumur hidup ) .
- Cash Back up to 10 % .
- Bonus Royalty Rewards setiap bulan .

untuk Informasi lebih jelasnya silahkan hubungi CS kami :
- YM : op1_asianbet77@yahoo.com
- EMAIL : asianbet77@yahoo.com
- WHATSAPP : +63 905 213 7234
- WECHAT : asianbet_77
- SMS CENTER : +63 905 209 8162
- PIN BB : 2B4BB06A / 28339A41

Salam Admin ,
http://asianbet77.com/