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Post# of 42555
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Re: Capitalist post# 6082

Wednesday, 01/10/2007 12:22:16 AM

Wednesday, January 10, 2007 12:22:16 AM

Post# of 42555
Great thanks! I wonder if there would be a correlation between oil, gold, silver, stock market. I am starting to see things more and more logically as I go along.

I see it like this :
People have money on any given day and want to either buy some more of whatever or transfer from say gold to oil or stocks on any given day.

The Arabs and their petro dollars are either gonna buy commodities , stocks or bonds on any given day. I know that it is simplistic but if you also correlation that data with technical analysis (50, 100, 100 EMA pointing UP OR DOWN) you have a much greater chance of being right. (price action is king and all other indicators are ignored)

Would be worth a shot to look if it is not too much trouble.

Thanks!

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