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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (11125)8/5/2004 11:13:25 PM
From: Gottfried  Respond to of 25522
 
OT *** oil does not correlate to naz. If it did, we'd have heard about it by now. Naz swings from <500 to 5000 on your chart [10x], oil only 10 to 40 [4x]. Naz has the greater effect on the ratio naz/oil and that's why it looks similar.

Thanks for the work you did! I don't deny that every additional $ spent on the same amount of oil is stolen from other things we might have spent it on.

Gottfried



To: Return to Sender who wrote (11125)8/5/2004 11:19:08 PM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 25522
 
Thanks Gottfried and RtS for putting up the data. As usual, I can find correlation and non-correlation, depending on the time frame used.

Lately, of course, we have a day to day correlation. Crude up 0.50 - NASDAQ down 20 points, crude down 0.50 - NASDAQ up 20 points.

Don


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