Oil Index Set to Fall?
June 26, 2008 at 11:11 AM EDT
The ETF that tracks the US Energy Sector ( AMEX:IYE ) is starting to show signs that it may be ready for a real fall. As there has been a significant increase in the noise surrounding sky-high oil prices and regulators and politicians looking to increase oversight, they will surely end up trolling for a scapegoat. (CLICK CHART [...] SHARETHIS.addEntry({ title: "Oil Index Set to Fall?", url: "http://www.thedisciplinedinvestor.com/blog/2008/06/26/oil-index-set-to-fall/" });