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Strategies & Market Trends : Point and Figure Charting
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To: Bwe who wrote (25918)2/13/2003 7:20:40 PM
From: James F. Hopkins  Read Replies (2) of 34823
 
At Best even if the Sentiment gets to extremes,
we will get an oversold rally, Taht is until
the cost of energy comes down.
If oil stays high the market trend can't change,
oil needs to fall a lot, or the market is shot.
Over the long term the cost of
Oil is more important than interest rates,
or any thing else I can think of.
Jim
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