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It looks like the negative correlation that has existed
between stocks and oil is either no longer valid, or one of them is wrong and
will have to work hard to catch up.
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----- Original Message -----
<DIV
>From:
mr.ira
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Friday, August 20, 2004 2:08
PM
Subject: Re: [RT] Crude Oil
I have a resistance level, price objective. at 49 and a target price
of 51.20+/- for the Sept. contract. I have support at the 46
level.
----- Original Message -----
<BLOCKQUOTE
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<DIV
>From:
<A title=hbernst963@xxxxxxx
href="">hbernst963@xxxxxxx
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Friday, August 20, 2004 11:36
AM
Subject: Re: [RT] Crude Oil
Thanks for sending the chart. When it says 'near month versus out
months' how far out are we talking? Is it X amount of months out or is
it an average of a number of months out? Also, is the chart from a
website (please provide the link if that is so) or did you create that
yourself in a software program?
Thanks for replying,
Howard Bernstein
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