oil price vs oil stocks(feb-july, 2009) (图)

2009: oil price bottomed at 35 in mid feb, made 2nd bottom in mid maech. topped near 72 in June (see uso, 24 to 40). patten: double oil price. strong monment: 1.5 week before he end of april, topped in the first week of June. for dxo trading: 1.75 to 4.75). dxo can double in first half of the year.oil stock play: oil stocks are different from oil price. many oil stocks in mid march with the big mkt, topped in early june. when oil price still kept near 70, many oil and related stocks(oih)dropped a lot in june. from this difference, trading dxo/uso is easier than oil stocks. the strongest moment of oil/oil related and commodity stocks(also watch US dollar)was: 5/1 to 6/6).