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Re: Joe Stocks post# 404359

Sunday, 06/26/2005 8:43:23 PM

Sunday, June 26, 2005 8:43:23 PM

Post# of 704049
What I find more interesting is the price of gasoline peaked in April and is still $0.07/gallon below the price on April 4:

http://quote.barchart.com/quote.asp?sym=HUQ5&code=BSTK

What is it telling us when the price of crude is not confirmed in the price of unleaded gasoline? I would interpret it to mean the rise to new highs in the price of oil is a short term speculative spike (chart chasers, IMO).

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
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