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Strategies & Market Trends : Classic TA Workplace

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To: NOW who wrote (66475)	2/21/2003 12:50:24 PM
From: Perspective	Read Replies (1) of 209892

<anyone think of a fundamental reason the charts of OSX suck so bad?> I've been wondering if the companies in that index just aren't that sensitive to the price of oil, much like the XAU aren't all that sensitive to the price of gold. The exploration companies have done quite well. Compare the industry groups in exploration and drilling with the integrated producers - IBD has the former in the top quintile of performance, with the latter in the 4th quintile. BC

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