RE: [RT] Crude Oil

["Mark Simms" <mar.ko@xxxxxxxxxxx>]

Or the equity markets are already 
anticipating the long-awaited pullback in crude oil.
Today's action just vindicates this logic 
that began 7 days ago and was evident in the price action of late.
and yes, the equity markets could be 
guessing wrong here....
 
<BLOCKQUOTE 
>
  <FONT 
  face=Tahoma>-----Original Message-----From: Bob 
  [mailto:BHEISLER@xxxxxxxxx]Sent: Friday, August 20, 2004 3:26 
  PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] Crude 
  Oil
  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  existed between stocks and oil is either no longer valid, or one of them is 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.
   
  <BLOCKQUOTE dir=ltr 
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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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