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Re: [RT] Crude Oil



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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between stocks and oil is either no longer valid, or one of them is wrong and 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 
  >
    <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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