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

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To: RGinPG who wrote (30964)10/21/1998 1:37:00 AM
From: upanddown  Read Replies (4) of 95453
 
Ron

Interesting chart. I'am not surprised since Big Oil has obviously been much stronger than the drillers in recent months. The divergence between the two indices seems to start as we entered the current period of low oil prices. I think the market is saying that Big Oil has a much stronger hand to play during a period of low prices and that Little Oil (drillers) are essentially at the mercy of the big boys during those times. Anyway to do a three-way comparison (XOI OSX Oil)?. You are doing some great stuff. Thanks.

John
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