Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Bald Eagle who wrote (3674)	2/27/1998 11:34:00 AM
From: Boca_PETE	Read Replies (1) of 42834

Wiseowl: re:<Are you saying that ALL oil companies' stock price closely correlates with the price of oil.> No. I'm referring to the one I work for whose reserves and production are approximately 70% crude oil. Still, can you provide examples of such major oil companies whose stock price does not correlate with oil price movements over time ? How do you think they avoid such a correlation ? P

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