synergize (99.12)

Industries that can go in opposite directions

August 18, 2008 – Comments (0) | RELATED TICKERS: CHQ , WHG , CLDN

I think our current economy as a whole has a fundamental problem. That's reflected to kind of crisis that we are facing which is the financial crisis(credit, mortgage, etc.). Without the fundamental strength it is easily swayed by other forces which I consider technical forces like the supply/demand of oil. For the past several months, the market is held hostage by news on oil.  

Below are  some of the industries that go in opposite directions. "Oil & Gas Equipment & Services" and "Independent Oil & Gas" they go in the same direction. When they go up, "Trucking" goes down and vise versa.

1a. Oil & Gas Equipment & Services:

http://finance.yahoo.com/q/cq?d=v1&s=BOLT,CPX,HAL,OII,OIS,SPN,SWSI,TESO,TGE,TRMA,TTI,WFT,WHQ

1b. Independent Oil & Gas
http://finance.yahoo.com/q/cq?d=v1&s=CHQ,CPE,DBLE,ENT,EPL,GDP,HUSA,LINE,PQ,PXD,PXP,ROSE,SFY,STR,SWN

2. Trucking Industry
http://finance.yahoo.com/q/cq?d=v1&s=ABFS,CLDN,HTLD,JBHT,KNX,ODFL,WERN