Darn JHR, go prop up those asian markets. I want a good day tomorrow. Where do you get your information about the asian markets (real-time)?
I too am pretty deep in oil services (CDG, SLB, GLM). However, they look ok to me. CDG has a series of higher bottoms and consolidating, looks ripe for a breakout up. SLB possible bullish triangle, confirmation at 79. GLM needs to break a triple top at 26, (also breaks BRL), but looking strong.
Relative strength for oil service moved from 26% to 40%, exceeding a previous top.
I too, am cynical, but I wish they would all step back and say that this was all just a big misunderstanding, so that the market can get on with it's life.
Tom |
