14 Jan 2006, 2:06pm
Interesting Stuff
by webmaster


** Oil stocks resume uptrend **

Amex Oil Stocks Index
Oil stocks had a troublesome 4Q2005 as the price of crude oil slipped from its high of $70 to $55. Now that crude is on the rise again, oil stocks seem to following along. The chart shows clearly that oil stocks are still in a bull market. Expect them to reach new highs this quarter.

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