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Strategies & Market Trends : Asia Forum
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To: Zeev Hed who wrote (5496)8/13/1998 5:12:00 PM
From: Cube  Read Replies (2) of 9980
 
Zeev,

Something I have not heard you mention in connection to the transports is oil prices. They are at multi-year lows. The transport index runs on oil. For the transport index to be near multi-year lows WITH oil at multi year lows, what the heck is going to happen to the transport stocks once oil starts to move back up?? This transport thing could get even uglier and for a very long time if crude begins to slowly tick up.

Cube
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