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


To: Jim P. who wrote (161763)12/27/2011 9:58:33 PM
From: Bearcatbob  Read Replies (1) | Respond to of 206184
 
Jim, I think you summed up my personal dilemma quite well. Just think what the market would do if the "gang of six" reemerged and their plan was embraced! Supposedly they are still at it. The US outcome does not have to be bad - and the markets would soar.

Perhaps the real question is if anyone can imagine a strong economy without there also being good energy prices? It seems to me when the market goes up - oil follows.

Bob



To: Jim P. who wrote (161763)12/27/2011 10:14:12 PM
From: Sweet Ol  Read Replies (3) | Respond to of 206184
 
Jim & BC, Commodities, including POO, are highly correlated to the markets. So, the Dow is a measure of what is going to happen to energy. Even worse, the energy companies are really highly correlated to the stock markets. All boats go down in an ebb tide. Maybe not as far down as some others, but certainly impacts our investment decisions.

If we want a Dow contest I will be glad to set up a spreadsheet and track it.

Blessings,

JRH