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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (39113)10/18/2012 1:33:38 PM
From: Keith Feral  Respond to of 218802
 
The correlation between oil and equities has simply been there for the sake of convenience. The market went nowhere from 9/11/2001 through the end of last year as oil and gold prices compounded double digit returns every year. Now that housing inflation is coming back to life, my guess would be that the market will no longer be preoccupied with oil and gasoline prices as much.



To: Fiscally Conservative who wrote (39113)10/18/2012 1:41:05 PM
From: GROUND ZERO™  Respond to of 218802
 
I don't know if you could actually say that since cheaper energy costs would increase economic growth...

GZ