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Somebody explained this a while ago - Price of oil goes down =>...

  1. BridgeBaron
    423 Posts.
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    17/10/08
    13:34
    Post #: 4400866
    Somebody explained this a while ago -

    Price of oil goes down => ROC goes down

    Price of oil goes up => ROC goes down

    LOL


    Bit like our Aussie market.

    DOW went down last night => XAO goes down today

    DOW went up last night => XAO goes down today because DOW might tank tonight


    Gutless
    ROC Price at posting: 54.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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