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NNTP-Posting-Date: Sat, 05 Jul 2008 12:21:04 -0500
From: "Uncle_vito" <u...@y...com>
Newsgroups: misc.invest.stocks
Subject: Market question for you geniuses
Date: Sat, 5 Jul 2008 10:21:08 -0700
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OK. Seems obvious that the stock market is inversely proportional to the
cost of oil. This can be seen in the last few weeks where all oil did was
go up and all the stock averages went down.

Well it seems like oil is headed to $200/bbl.

So that means if I short the DJI or SPX I should make money, correct.

Seems like a sure thing unless the US Gov announces opening up the Str Oil
Reserve or something like that which would cause a blip in the stock
averages before they continue their downward spiral and oil its upward
spiral.

Comments?

Vito



 
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