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


To: Venditâ„¢ who wrote (8023)4/21/2005 6:15:49 PM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
Yeah.... oil rallies, and the indexes rally also. Again, the conventional wisdom that rising oil prices translate into dropping stock prices is overstated except for occasional situations.

I don't know why that has been the case, but that's what I see. The markets just really haven't cared much about oil and gas prices for some reason.

Maybe that will change someday, I don't know....

T