Friday, September 7, 2007

Oil Stocks Versus Current Oil Prices Revisited

The ratio of Oil Stocks to Current Oil Prices has been a good predictor of short-term stock market performance. What message does it have in store for us now?This market has something for everyone.If youre a Bull, then there is ample reason to believe stocks will soon be blasting higher. If the sub-prime disaster cannot pull stocks much lower than what will?If youre a bear, you would be considering the recent volatility as an opening salvo in an ongoing Bear market.So which is it?Bull, Bear or perhaps neither but a prolonged [...]

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[Source: The Money Blogs]

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