Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 41.28

+5.3%

Nov 28 4:00 PM EST

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To: Chip McVickar who wrote (15511)	5/13/2004 12:28:46 PM
From: Kirk ©	Read Replies (1) of 207068

Get ready for a sustained $50.00 a barrel of oil.... Have you read "The Oil Factor: How Oil Controls the Economy and Your Financial Future?" amazon.com $50 oil would give a "sell signal" by the Oil Factor they calculate. On pg 17 they have a table of 12 month change in oil price vs the S&P500 over the following 18 months. With a double from $27. to $54, then S&P would be expected to see -27% to +4% over the the next 18 months if the past is any predictor of the future! 1 yr Crude Oil Chart stockcharts.com[l,a]daclyyay[dd][pa25!a40!f][vc60]&r=2949

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