Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Boca_PETE who wrote (3675)	2/27/1998 12:03:00 PM
From: Bald Eagle	Read Replies (1) \| Respond to of 42834

<<Still, can you provide examples of such major oil companies whose stock price does not correlate with oil price movements over time ?>> Fully integrated oil companies such as Exxon, which make more money on their refining operations when the price of crude is down have much less volatility than the price of crude. I'm not saying that there is no correlation, but look at XON now. It is 63 and change and less than 10% from it's all time high. The price of oil is nowhere near it's all time high. It is at least less than half of it's all time high.