Rising Crude Prices: Not Necessarily Good for Oil Stocks [View article]
The divergence between USO and IYE occurred before: July 30, 2007 oil peak was accompanied by IYE drop. This happened also on Jan 3, 2008. The peaking of oil preceded that of IYE by two months.
Rising Crude Prices: Not Necessarily Good for Oil Stocks [View article]
July 30, 2007 oil peak was accompanied by IYE drop. This happened also on Jan 3, 2008.
The peaking of oil preceded that of IYE by two months.