Author Topic: Oil - What Happens When Indicators and Prices Diverge?  (Read 1547 times)

Offline barnesglobal

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Oil - What Happens When Indicators and Prices Diverge?
« on: December 19, 2008, 12:39:44 PM »
http://seekingalpha.com/article/111518-oil-what-happens-when-indicators-and-prices-diverge?source=email

Oil - What Happens When Indicators and Prices Diverge?
by: Michael Kahn December 19, 2008 | about stocks: DBO / OIL / USO     
Michael Kahn
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Become a Contributor Submit an Article    Font Size: PrintEmail When indicators and prices diverge, usually it is price that concedes and moves in the direction of the indicator. What happens when a commodity and its related stock sector diverge?

Too see graphic click below
http://static.seekingalpha.com/uploads/2008/12/19/saupload_chart1dec18.png

Again, it is usually price that gives up. This chart does not believe oil is going to 25 bucks per barrel."