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Thursday, October 1, 2009

CLOSING COMMENTARY FOR OCT 1 THURSDAY

Crudeoil prices went up intially with yesterday gain.

Prices went up to strong res of 3400 as expected.

Prices came down now again to the opn levels. prices

looks bullish on a close of above 3320 - 3330 levels.

Prices need to close above 3360 - 3370 to reach 3450

levels. Overall looks bullish above 3350 .

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