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Message from discussion Market Correlation
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rla...@gmail.com  
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 More options Nov 8 2007, 7:38 am
From: rla...@gmail.com
Date: Thu, 08 Nov 2007 04:38:17 -0800
Local: Thurs, Nov 8 2007 7:38 am
Subject: Market Correlation
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This ETF is clearly correlated to the price of oil which will also be
correlated, as any other fixed resource to the price of the underlying
currency from the market that you reside in.  So for us Americans, the
dollar is weakening which will contribute to the the rising $ price of
oil which will in turn cause people to envision more growth in the
green, alternative energy sector.  So if the dollar continues to fall
and the price of oil continues to rise, this will continue to go up.

Look at GEX vs. USO


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