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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: greenspirit who wrote (43068)6/23/2008 7:12:42 PM
From: stockman_scott  Read Replies (1) | Respond to of 57684
 
I hope you're right about oil prices...;-)



To: greenspirit who wrote (43068)6/24/2008 12:30:57 AM
From: fedhead  Read Replies (1) | Respond to of 57684
 
Too many people calling an oil top. I think oil is bieng used as an inflation hedge instead of gold. Talk is cheap.
If the fed is serious about breaking oil prices , they need to
hike rates which will strengthen the dollar and cause commodity
prices to fall. Meanwhile energy stocks like CLR, SD, PDO, MXC,
HP, XCO go up day after day. Coal stocks like WLT, CLF, MEE,
FDG have doubled since the March lows.

Anindo


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