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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (17435)9/12/2000 1:09:04 PM
From: Eylon  Read Replies (1) of 436258
 
either oil is too cheap, or the Dow's too expensive...

Nice plot but when I look at the data I see that before the first oil embargo in 1973 the ratio was 250 and now it is 315, not that much of a change.
From 1946 to 2000 the ratio DOW/oil is up by only factor of 2. Considering the fact that oil was a lot larger portion of the world economy, and the DOW, in 1946 I would expect higher ratio now. So oil is to expensive.

Eylon
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