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Market Analysis.

Publication: Finance Wire

Publication Date: 21-OCT-05
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COPYRIGHT 2005 Voxant Inc.

Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW

BECKY QUICK, CNBC ANCHOR: Oil prices are down over $4 a barrel this week on talk of slowing demand and rising inventory. But prices, when you look at these energy prices, are still at historically high levels. There are some concerns that that might start cutting into corporate profits. Joining us now for his thoughts on the market action is Chris Johnson, he`s a managing quantitative analyst at Schaeffer`s Investment Research in Cincinnati.

And thanks for being with us today.

CHRIS JOHNSON, QUANTITATIVE ANALYST, SCHAEFFER`S INVESTMENT RESEARCH: It`s great being with you, Becky.

QUICK: OK, let`s take a look at energy prices. They`ve been dropping pretty steadily, but you`d never guess that if you`re looking at the major market indices this week. Stocks aren`t getting much of a bang out of this. What do you make of it?

JOHNSON: They`re not getting a break at all. If it`s not one thing, it`s another, and that`s what I make...

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