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

To: diana g who wrote (42583)	4/19/1999 9:44:00 AM
From: stan s.	Respond to of 95453

OSX, now over 73. eom.

To: diana g who wrote (42583)	4/19/1999 4:26:00 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 95453

re: "Crude+Sector stock price -'No Correlation'": I wonder if a correlation would show up if you offset the graphs in time. That is, there may be no correlation between today's crude price and today's sector stock price. But there might be a correlation between today's crude price and the stock prices 3 months from now (or one month or one year). This, if true, would be even more usefull, giving a leading indicator. Also, you might use first derivatives (change in prices, rather than the price itself), and see if a pattern appears. Just thinking out loud. re: "The industry group appears to be more influenced by the overall equity market environment "......not today......vsg