Friday, June 17, 2005

STOCKS AND OIL

Is there any direct corelation between the price of oil and the stock market? OIL HITS NEW HIGH, stocks rise anyway.

WE had quadruple opex Friday, and the high beta NAZ sniffed 2100 and decided for today anyway, we'll pass.

Perhaps they are saving the real fireworks for the over hyped and well orchestrated INTC mid qtr update.

D

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