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#1
21st July 2006, 02:10 PM
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Crude Seasonal Pattern
Possible trade: Seasonal rise in crude oil, starting on July 24 and ending on September 18. The increase was observed in 17 of 24 years, resulting in an average profit of +12.6%. But there were also 7 years, where the price of crude oil fell during this period of the year. The average loss then was -5.4%. The overall rise during all 24 years was +7.1% p.a..
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