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Non-Tech : Kirk's Market Thoughts
COHR 178.34-10.2%Dec 12 9:30 AM EST

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Gottfried
To: Gottfried who wrote (3037)5/1/2015 3:44:47 AM
From: robert b furman1 Recommendation  Read Replies (1) of 26768
 
Hi G,

Might be some resistance at the upper Keltner (looks like the average line is about to turn up.

Probably take some digesting to get over 20.

The pop has been fast, but all systems look like a go.

screencast.com

I'll look to sell the pop when we have a ,382 fib retrace (23.30ish):

screencast.com

On the weekly it really looks like it has yet to begin.

It was such a brutal wash out - maybe it should be thrown in a drawer and forgotten about.

All depends on price of crude.

Deep water drilling is not dead - it is alive and being counted on for the big projects.

Esv smoked its earnings and has all debt pushed off till 2019.

Mexico leasing shallow waters of the gulf of Mexico will be the home of many a jack up rig and deep water in the future.

NOV is the crown jewel of deep water as it goes - so too will RIG and ESV.
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