Web Images Videos Maps News Shopping Gmail more »
Help | Sign in
Go to Google Groups Home
  
Discussions for Market Vector Glbl Alter. Engy ETF Trst. View all discussions

Message from discussion Market Correlation
The group you are posting to is a Usenet group. Messages posted to this group will make your email address visible to anyone on the Internet.
Your reply message has not been sent.
Your post was successful
 
From:
To:
Cc:
Followup To:
Add Cc | Add Followup-to | Edit Subject
Subject:
Validation:
For verification purposes please type the characters you see in the picture below or the numbers you hear by clicking the accessibility icon. Listen and type the numbers you hear
 
jamesleonar...@gmail.com  
View profile  
 More options Nov 13 2007, 12:44 pm
From: JamesLeonar...@gmail.com
Date: Tue, 13 Nov 2007 17:44:42 -0000
Local: Tues, Nov 13 2007 12:44 pm
Subject: Re: Market Correlation
Problem is oil will come down in price much more. Lately, it's gone up
due to traders pushing up the price and much less because of supply-
demand issues. OPEC has made any major changes and has even said that
there aren't any supply problems right now.

Developing countries like China didn't double their oil needs over the
past year so that argument for oil prices is weak too. There's no
fundamental reason for oil to have gotten this pricy, this quickly.
The weak dollar, also contributing to the issue, will get stronger
(eventually) and that too will contribute to lower oil prices. Oil is
coming down in price already. While I don't think people should lose
sight of the opportunities in GEX, when oil prices do come down there
may be some unfortunate selling off in alternative energy stocks,
railroads, and others that have benefited from this period of pricy
oil.


    Reply to author    Forward  
You must Sign in before you can post messages.
To post a message you must first join this group.
Please update your nickname on the subscription settings page before posting.
You do not have the permission required to post.

Google Home - Terms of Service - Privacy Policy

©2009 Google