high oil price vs low mkt index

油需求季節性放緩

近期油價自高位急挫，應是油價的慣常季節調整。油價每年在美國暑假完結、秋冬季未至時，多會自夏季高位回落，當天氣逐步轉寒，油價又會重展升浪。箇中原因，是暑假為美國駕車旅行的季節，汽油需求特別大，故踏入每年9月，煉油廠都會在這個較淡的季節減產維修，原油需求因而放緩，當天氣轉寒，取暖油需求增加，油價又會復升，直至下一年的春季，天氣轉暖，又會是油價回落的時候。


oil had strong support near its 200ema and make high and higher since 1998's lowest. every time when oil price made new high, dow dropped to its 200ema area.
July-sept: hurricane season + china/india effect; oil will be a hot sector.
trade strategy: buy oil/ethonal stocks, buy mental/gold/steel for inflation hedage, selected biotech and healthcare will be strong. 
 short technology(semi, internet,network, ...)/retail/airline/homebuilder(long term bearish)....