Discussion in 'Trading' started by rc5781, Jun 3, 2008.
This is very bearish isn't it?
oil isnt worth anything more than 75 bucks a barrel.
Well its down 6 now.
Says who . . . some kid that paper-trades and spends all day long posting on Elitetrader.com between his college classes?
Last time I checked, July - December Crude Oil on the NYMEX closed in the $124.00 handle.
I've been sa ying I think the market tops when OIL does.
If OIL stays strong market hangs in there, all EPS growth is in commodities.
THERE IS NO CORRELATION BETWEEN OIL AND S&P, I can't believe how many threads I see on here about how the market is going to skyrocket when oil goes down... STOP WASTING YOUR TIME.
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