Those who know do not speak,
those who speak do not know
Tuesday, July 1, 2008
It's All About Oil
This is a couple days old, we're trying to clear the feed-readers and bookmarks before the holiday weekend. Plus I really like Bespoke's graphs and charts:
If any one tries to tell you differently, all you need to do is show them the chart below. As last week's trading illustrates, every time oil went up, stocks went down, and every time oil pulled back, the market gained steam.