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Bobwins

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Bobwins

Re: bigpike post# 62

Saturday, 11/26/2005 11:57:56 PM

Saturday, November 26, 2005 11:57:56 PM

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One of the points of this story is that there is a high correlation between movement in oil stocks and gas stocks. The writer points out that ngas is a much smaller market than oil stocks and ngas was many times a by product of oil production. Therefore the two markets are tied together.

Whether this will change due the different demand/supply situations with oil and gas remains to be seen. It is a little frustrating to seen the ngas stocks move up or down because of something happening in oil. However the two markets have historically been tied together and it will probably take a lot to change that historical relationship. Old habits die hard.

Bobwins

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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