CL Redux

Quote from Blubaru_555:

whos trading today? I think we're going to test the high 1 more time before the end of the day

yup, doesn't look very bearish today
 
<< it seems this expected report will keep CL high this week ... >

Iran Nuke Pursuit in High Gear, U.N. Watchdog to Report

The International Atomic Energy Agency's report due out this week will lay out findings collected over years of intelligence gathering. It is expected to reinforce concerns that Iran didn't actually abandon its weapons-related research in 2003, as indicated by a 2007 National Intelligence Estimate given to then-President George W. Bush.

<b>Pakistan, North Korea and a former weapons scientist from the Soviet Union reportedly all helped Iran with its nuclear weapons quest, according to an impending U.N. nuclear watchdog report expected to show the Islamic regime has mastered the science of building a bomb. </b>


Read more: http://www.foxnews.com/politics/201...igh-gear-un-watchdog-to-report/#ixzz1d2qGC1vD

Quote from InvestVision:

Iran Issreal tensions up

<<<
I would say this news sets
- 'Rock Support' for CL at 85 on the LOW side for next 2 weeks ( even if S&P goes down multiple days due to Euro/other issues )
- and touching 100 next week some time .
>>>

Just heard on Fox news and these web links, Seems we need to careful for any CL shorts now onward for next 2 weeks.

- U.S. says IAEA report on Iran next week critical
Earlier, U.S. President Barack Obama said he had discussed his concerns about Iran and its nuclear program with French President Nicolas Sarkozy ahead of the G20 summit, and both had agreed that international pressure must be maintained on Iran.

"The IAEA is scheduled to release a report on Iran's nuclear program next week and President Sarkozy and I agree on the need to maintain the unprecedented pressure on Iran to meet its obligations," he told reporters.
http://www.reuters.com/article/2011/11/03/us-iran-iaea-idUSTRE7A23K520111103


Iran says united and 'ready for war' with Israel
Ali Akbar Salehi’s statements come a day after Iran's chief of staff says Israel, U.S. would be severely punished for any attack on Iranian soil.
http://www.haaretz.com/news/diploma...united-and-ready-for-war-with-israel-1.393447


Report: U.K. preparing for military strike on Iran nuclear facilities
The Guardian newspaper says U.K. increasingly concerned over Iran's enrichment program, and is preparing to deploy warships to assist a possible U.S. strike.
http://www.haaretz.com/news/diploma...ry-strike-on-iran-nuclear-facilities-1.393361
 
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