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National Oilwell Varco, Inc. Message Board

  • cangelosi_g cangelosi_g May 16, 2012 2:40 PM Flag

    Now that

    we have broken 64 ---My guess is we will test the 2011 lows..The pre market is always an indication of how the day will really flush out. We had a very small short cover bounce folks and that's it. Next stop, I think, before a more solid reversal happens is when the S&P hits 1280. This morning on Bloomberg David Costner, I believe his name was, w. Goldman is predicting 1230 by end of year.
    Everyone including myself that has chased this puppy down on the long call side has been crushed.

83.41-1.29(-1.52%)Jul 29 4:02 PMEDT

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