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Re: gtober post# 292711

Wednesday, 09/08/2004 12:16:09 PM

Wednesday, September 08, 2004 12:16:09 PM

Post# of 704047
Looks like oil will continue to underperform the Dow until it doesn't.

http://stockcharts.com/webcgi/Pnf.asp?S=$WTIC:$INDU&N=A&C=2

Pretty interesting on the $wtic:$compq. Looks like it has been a long time coming (4 years) but the outperformance of crude vs the compq performance will be subdued for quite a while. Which may also explain the $tran apparent strength.

http://stockcharts.com/webcgi/Pnf.asp?S=$WTIC:COMPQ&Y=U&B=280&E=on&N=A&C=2

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