Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (47922)	5/16/2012 8:19:45 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69885

I would listen to "Market Call" tonight on bnn.ca I can't link directly to it till next week due to the delay in updating their website. Eric Nutall usually given a frank explanation of his take on the oil and gas market. He is not always right but he explains why he believes what he does. Part 1 has his overall view of the sector which is for $90 oil as a bottom. He sees a sell Canada trend as people exit the resource sector altogether as they see a slow down in Europe and China. Part 3 has his opinion on the oil service stocks. He is looking at a 10 to 20% price contraction overall in pricing and even higher on fracing service companies.