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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: ames who wrote (76850)12/27/2006 8:32:43 AM
From: Ed Ajootian  Respond to of 206326
 
ames, BPZ Energy (BPZI) -- As shown by the linked graph, stockcharts.com , the BPZ stock price is, at best, only very weakly correlated to the OIH. If my hunch is right, whatever small correlation that the BPZ stock price has to the OIH will be totally obliterated in the coming weeks.

Notice, by contrast, how strongly correlated the price of CHK stock is to OIH, notwithstanding that they have hedged so much of their gas.