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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (31470)11/4/1998 3:27:00 PM
From: Redman  Respond to of 95453
 
I own some Nucor (nue), the best in the business.

red



To: SliderOnTheBlack who wrote (31470)11/4/1998 3:34:00 PM
From: A. Geiche  Read Replies (1) | Respond to of 95453
 
FLC earnings will be released in a short time. The stock is slightly down. Any ideas? Thanks in advance.

A. Geiche



To: SliderOnTheBlack who wrote (31470)11/4/1998 10:51:00 PM
From: Fredman  Read Replies (3) | Respond to of 95453
 
TO ALL: ROLL CALL: Gas in Omaha NE down .04/gallon in the last 3 days, Where are you and what's it doing in your area ?? cheap stuff .94, better (methanol/alcohol blend) .99, premium 1.05 I just want to get a base on pump prices lately.



To: SliderOnTheBlack who wrote (31470)11/5/1998 6:57:00 PM
From: diana g  Read Replies (2) | Respond to of 95453
 
Crude+Sector stock price -Statistical Correlation Analysis says: 'No Correlation'

Thanks for posting this, Slider!!!
I'm going to point to it again, just because I want to.<G>
messages.yahoo.com@m2.yahoo.com

"... A weekly, statistical correlation analysis between the commodity and the industry group from 1983 results in a correlation of -.13: essentially no correlation, which is quantifiable support of the anecdotal analysis.

3.The industry group appears to be more influenced by the overall equity market environment rather than the price of an underlying commodity. Examples are 1987, 1990, and 1998.

The Oil Service group may be influenced by many factors, but the underlying price of the commodity does not seem to be of critical, if of any, importance. ..."

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Crude Price and OSX are influenced by some common factors, and often move together. This doesn't mean they're 'Coupled' together. They are not.

Having incorrect notions of cause/effect and how factors influence each other leads to error. Like Granny used to say -- "It ain't so much the things you don't know, it's the things you know for sure That Ain't So that'll sneak up and whack you."

regards,

diana