Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Chuzzlewit who wrote (13316)	3/3/1998 11:04:00 AM
From: Tulvio Durand	Read Replies (1) of 95453

The referenced (Texas) comparative charts make a visually compelling case for strong correlation between OSX and XOI. But, if analyzed a bit more the correlation appears only in day-to-day variations and not on the smoothed out longer term trend data as is evidenced in the Corporate chart. Unfortunately I don't have the data nor the tools to do a more definitive analysis. Paul, if you have the data and regression analysis tools and the time would you comment on the correlation of OSX with XOI? Thanks. Tulvio

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