Wednesday, February 15, 2012

Oil is raising...

The headline for this morning is that Iran cuts oil exports to six EU countries. The countries affected include Netherlands, Spain, Italy, France, Greece and Portugal. The price of oil is trading up this morning, hence, it will certainly have an impact to already a weak economy. The sold positions last week indicate it is a good move and will continue to monitor technical graphs to the major indexes. Canadian bonds seems to be a good investment for these uncertainly environment.

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