11-Aug-04 11:23 Sector Watch: Oil Index -XOI- rotates lower
Group ticked higher as crude oil futures jumped in mid-morning trade. The futures contract has weakened and taken this group along with the XOI (622.91, -0.9%) recently pushing to a new session low. Pressuring the group today are: VLO -3.6%, SUN -2.2%, MRO -1.8%, COP -1.3%, BP -1.3%.
Z: My orignal question revolved around your scenario for dragon fly doji for today. I asked where would the sox close in your opinion if that doji did appear today. Your response concerned the relative perfomance of the btk over the sox in the coming months. Anyway...never mind.