You obviously have NO IDEA what you are talking about . . . That's WHAT I THINK! Do you even know what the actual energy sector weighting is in the S&P 500? Try 13%, with XOM being the largest component in the S&P Index at 3.98% http://www2.standardandpoors.com/spf/pdf/index/SP_500_Factsheet.pdf
Sorry, looks like I got the 50% wrong. I heard it from someone I trust, and I will go back to question my source now. So what's your take on my "Oil and S&P's relationship" question? PS. There's no need for all caps. Nimble