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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (51714)	4/9/2011 11:29:10 PM
From: Return to Sender	1 Recommendation Read Replies (2) \| Respond to of 95574

Amateur Investors Weekend Market Analysis (4/9/11) amateur-investor.net Commodity Prices are soaring and Crude Oil is taking off as well. The next level of resistance would be around $123 which is the longer term 78.6% Retracement Level (yellow line). Hopefully we are just seeing a corrective "ABC" rally from the early 2008 low and not a surge to challenge the previous high of $147. Meanwhile the chart below compares the historical price of gas going back to the early 1900's which is adjusted for Inflation versus the S&P Composite which is also adjusted for Inflation. There has been a definite correlation between gas prices and market performance going way back to the early 1900's. All three major Secular Bull Markets have occurred with falling gas prices (points A to B) while Secular Bear Markets have been associated with rising gas prices (points B to A). As long as the world depends on Oil this correlation will likely continue in the future.