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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Jim P. who wrote (161763)12/27/2011 10:14:12 PM
From: Sweet Ol  Read Replies (3) of 206181
 
Jim & BC, Commodities, including POO, are highly correlated to the markets. So, the Dow is a measure of what is going to happen to energy. Even worse, the energy companies are really highly correlated to the stock markets. All boats go down in an ebb tide. Maybe not as far down as some others, but certainly impacts our investment decisions.

If we want a Dow contest I will be glad to set up a spreadsheet and track it.

Blessings,

JRH
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