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.
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No, it's all about the Yuan being locked to the dollar
Posted by: jay | June 30, 2008 at 10:29 AM
No, it's all about momentum money pouring into whatever is going up the most. I would like to see a chart of this relationship going back 5-10 years.
Posted by: Eric | July 03, 2008 at 07:15 AM