Not always, but you will have to consider modern finance this time?
Modern finance
- Hedging protection
- Debt and derivatives blow ups associated with Oil companies.
- Percentage of economic growth lost verses benefit of cheaper oil.
As always timing is the factor, how much pain will be felt before we get the gain? The next 12 months will be rocky as the bad oil news flows through the market.
Chart: Crude oil on top, Dow Jones on the bottom.
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote...
"Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics." ~ William D Gann
"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected." ~ George Soros
