Tuesday, September 16, 2008 11:47:02 AM
The relationship we see between the price of oil and the PPS of DPDW is pretty clear, IMO.
So if that's true, as we see oil rise we can hope to see DPDW rise.
Boca .......... if it were only true. When oil was hitting the $140s we were not going anywhere. The chart over the year since Jan 1 has been trending down while oil, until very recently, was headed way up.
So, DPDW IMO does not trade in lock step with the price of oil at all.
So if that's true, as we see oil rise we can hope to see DPDW rise.
Boca .......... if it were only true. When oil was hitting the $140s we were not going anywhere. The chart over the year since Jan 1 has been trending down while oil, until very recently, was headed way up.
So, DPDW IMO does not trade in lock step with the price of oil at all.
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