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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (10843)5/9/2004 8:13:39 PM
From: Proud_Infidel  Respond to of 10921
 
G,

That is good news; thanks...... Now all we need is peace in the ME

Even with last year's thinner supplies, oil prices then were around $27 a barrel -- $13 or 33 percent below today's.

That is because a large percentage of oil's current red-hot price represents a "security premium" about fears that violence in the Middle East


Brian



To: Gottfried who wrote (10843)5/13/2004 1:12:03 PM
From: Kirk ©  Read Replies (1) | Respond to of 10921
 
OT prospects for lower oil prices

Have you read "The Oil Factor: How Oil Controls the Economy and Your Financial Future?"
amazon.com

$50 oil would give a "sell signal" by the Oil Factor they calculate. On pg 17 they have a table of 12 month change in oil price vs the S&P500 over the following 18 months.

With a double from $27. to $54, then S&P would be expected to see -27% to +4% over the the next 18 months if the past is any predictor of the future!

A decline in Oil prices to a 25% gains says S&P500 -3% to +30%...

1 yr Crude Oil Chart stockcharts.com[l,a]daclyyay[dd][pa26.72!a53.44!f][vc60]&r=2949