Oil and Stock Prices: Challenging a Widely Held Belief

http://my.elliottwave.com/resources/free/market-myths-exposed.pdf?tcn=ytv1703 Is there a negative correlation between oil and stock prices? This chart puts a widely held assumption to the test. http://www.elliottwave.com/r.asp?rcn=ytvideos1403&url=http://www2.elliottwave.com/club/signuplt/newsletters.aspx Oil and Stock Prices: Challenging a Widely Held Belief