Crude oil went up to $79 because of jittery about Iran. It probably will come down to around 75 level. i will put in an order to sell HSE @ 30.50.
The market is tired and there seems a consensus that the market will go up 10% in first quarter and have a correction in 2nd-3rd quarter and move up again in 4th quarter. I think it is silly. You should never base your investments on such a short term projections. My belief is investing based on long term fundamentals and you may realize your objectives in short term which is perfectly fine.
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