Quote from jsp326:
Since around 2004, oil has kept stock bubbles in check. If stocks get too much higher, look for oil to challenge its March high...then look for both oil and stocks to correct. That relationship has been very reliable. No one feels too bullish when gas is around $4-$5/gallon (depending where you live in the U.S.)
Quote from S2007S:
Oil cannot sustain 100+ in this economy, if Bubble ben bernanke decides to push QE3 expect higher commodity prices across the board, add that to rising equity prices and oil will probably push to $125 a barrel at that point both oil and stocks will correct.
Quote from S2007S:
Oil cannot sustain 100+ in this economy, if Bubble ben bernanke decides to push QE3 expect higher commodity prices across the board, add that to rising equity prices and oil will probably push to $125 a barrel at that point both oil and stocks will correct.
Quote from HeSaidSheSaid:
numbers are indicating we're not about to have major market correction like 2009, 2001, 1981... minor drop here and there, but the trend is still up