这次Rally 应该还没结束， 看看油这两天的走势。。

stringzero

Oil has been significantly under-performing in 2nd half of Sept. There might be some catch-up in the near future.

Reasons:
1) The breakout in oil today is pretty strong, with larger volume, see yesterday and today's volume spikes.
2) Consolidation of USO around $31-33 area has lasted for 1 month, thus the power of breakout could not be ignored.
3) Higher oil price in near future will benefit energy stocks, thus in favor of equity market.



4) Look at USO:SPY ratio, the downtrend starting Aug 2010 is broken by today's move, further indicating a catch-up play in oil.

萧秋水

抄完黄金炒石油,MM就这伎俩

SunSea

the us goverment is trying to make US Dollar lower for the trade deficit and labor market, how can oil go higher if dollar is weak?

ranchgirl

Higher oil price in near future will benefit energy stocks, thus in favor of equity market.
stringzero 发表于 2010-10-1 02:19

good point!

ranchgirl

the us goverment is trying to make US Dollar lower for the trade deficit and labor market, how can oil go higher if dollar is weak?
SunSea 发表于 2010-10-1 07:56

dollar down, commodity up.

What is the question?

mtguyla

ddd

The market should hold up till the election week - one month from now. If we are currently in a extended wave 4, a wave 5 can push SPX to the 1200 area.

Expecting a sizable pull back to follow after the election, regardless which party taking the upper hand.

ppteam

then look at finance.

bear!

OIL alway the last sector

actionverte

Thanks

风之语

顶

Diver

Oil has been significantly under-performing in 2nd half of Sept. There might be some catch-up in the ...
stringzero 发表于 2010-10-1 02:19

leftright

jcw

Poo

good one

fall2008

George25

hutong123