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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (3980)1/18/2005 6:43:37 AM
From: Venditâ„¢  Respond to of 8752
 
The CBOE Oil Index should rally into the week of 1/18/2005

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CBOE Oil Index Components

AHC AMERADA HESS CORP

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BP BP plc

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COP ConocoPhillips

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CVX ChevronTexaco Corp

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KMG Kerr-McGee Corporation

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MRO USX-Marathon Group

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OXY Occidental Petroleum Corporation

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RD Royal Dutch Pete Co

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TOT Total Fina Elf S A

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UCL Unocal Corporation

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XOM Exxon Mobil Corp

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Reid



To: Walkingshadow who wrote (3980)1/18/2005 7:01:19 AM
From: Venditâ„¢  Read Replies (1) | Respond to of 8752
 
If all of that unfolds as stated, that would line up with the charts that we were talking about a few days ago that suggest that the market corrects over the next few months but with the oil sector being the only bull among the lot.

Reid



To: Walkingshadow who wrote (3980)1/18/2005 6:30:33 PM
From: Venditâ„¢  Read Replies (1) | Respond to of 8752
 
Terry,

Re: Nobody seems to have noticed the rally in crude futures lately, but suddenly somebody will start talking you can be sure.

The OIX got lift off today.

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So did the other sectors contrary to their Linear Regression charts. What is your take?

NDX

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INDU

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SOX

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Reid